Markets Are Getting pummelled In Asia

muay thai kickboxing

Photo: Nikolaiii666 / Flickr

Stocks are way down early in the Asian trading session.Japan’s Nikkei is down 0.7 per cent.

Korea’s Kospi is down 0.4 per cent.

Australia’s S&P/ASX is down 1.5 per cent.

Hong Kong’s Hang Seng is down 1.4 per cent.

China’s Shanghai Composite is down 1.7 per cent.

This falls a steep tumble in the U.S. markets where the Dow fell 108 points.  A disappointing housing starts report, a weak Caterpillar sales report, and a hawkish tone from the Federal Reserve’s FOMC minutes took a toll on stocks, oil, and gold.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

markets moneygame-us