Asian markets fall as coronavirus continues to spread - CNN

in DLIKE5 years ago

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Asia Pacific markets are falling Friday as fears about the novel coronavirus continue to spur a global sell-off.

Japan's Nikkei 225 (N225) fell more than 3% in early trading. South Korea's Kospi (KOSPI) and Australia's S&P/ASX 200 each lost more than 2%.

Hong Kong's Hang Seng (HSI) dropped 2.7%, while China's Shanghai Composite (SHCOMP) slid 3.4%.

The declines in Asia followed a historic plunge in the United States. All three major US indexes fell into correction territory on Thursday, and the S&P 500 (DVS) posted its worst day since 2011. The Dow (INDU) dropped 1,191 points, or 4.4% — its worst one-day point drop in history.

In after hours trading, US stock futures posted modest gains, up between 0.3% and 0.4%.


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