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.