Friday, 9 February 2018

Asian Markets Followed Wall Street Down After The Dow Entered

Asian markets followed Wall Street down after the Dow entered correction" territory for the first time in two years.

The Shanghai Composite Index dipped 5.5 percent but recovered slightly to end morning trading down 4.1 percent at 3,127.91. Tokyo's Nikkei 225 was off 3 percent and Hong Kong's Hang Seng fell 3.3 percent.

Benchmarks in Australia, South Korea and Southeast Asia also retreated. Financial analysts regard corrections as a normal market event but say the latest plunge might have been triggered by a combination of events that rattled investors. 

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