Asian Markets Are Tanking, Korea's Kospi Down 2%

Guatemala Sink HoleGuatemala Sink Hole

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All of the major Asian indices are selling off after a series of corporate warnings offset some pretty great jobs data out of the U.S.Australia’s S&P/ASX is down 0.6%.

Japan’s Nikkei is down 1.1%.

Korea’s Kospi is down 1.5%.

Hong Kong’s Hang Seng is down 1.3%.

Shanghai Composite is down 0.3%

After the bell, aluminium giant Alcoa announced major capacity cuts.  The economic bellwether kicks off Q4 earnings season next Monday.

U.S. futures are trading modestly lower.  Tomorrow should be interesting.

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