Asian and Europe markets fall as coronavirus continues to spread

steve 28 February, 2020 0

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

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

Hong Kong’s Hang Seng and China’s Shanghai Composite also dropped nearly 2% each.

Euro Stoxx 50 futures slumped 4.1%.

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 posted its worst day since 2011. The Dow dropped 1,191 points, or 4.4% — its worst one-day point drop in history.

Country: Market
Source: CNN

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