Asian Markets Were Weaker, As The Pullback On Wall Street Overnight Weighed On Sentiment - Dollar Advisory Financial Services

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Tuesday 20 March 2018

Asian Markets Were Weaker, As The Pullback On Wall Street Overnight Weighed On Sentiment

Asian markets were weaker, as the pullback on Wall Street overnight weighed on sentiment. The Nikkei 225 fell 0.9 percent, tracking the declines seen stateside overnight while the South Korea's Kospi index was down 0.4 percent.

US stocks dropped on Monday, with the S&P and Nasdaq suffering their worst day in just over five weeks, as concerns over increased regulation for large tech companies was spearheaded by a plunge in Facebook shares.

The Dow Jones Industrial Average fell 335.6 points, or 1.35 percent, to close at 24,610.91, the S&P 500 lost 39.09 points, or 1.42 percent, to 2,712.92 and the Nasdaq Composite dropped 137.74 points, or 1.84 percent, to 7,344.24.

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