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European Financial Stocks Lead Losses

EQUITIES
  • Asian equities closed sharply lower: Japan's NIKKEI closed down 764.06 pts or -2.94% at 25221.41 and the TOPIX ended 50.91 pts lower or -2.76% at 1794.03. China's SHANGHAI closed down 74.794 pts or -2.17% at 3372.855 and the HANG SENG ended 847.66 pts lower or -3.87% at 21057.63
  • European stocks have dropped to start the week, with the German Dax down 549.77 pts or -4.2% at 12545.51, FTSE 100 down 129.67 pts or -1.86% at 6860.94, CAC 40 down 226.57 pts or -3.74% at 5854.55 and Euro Stoxx 50 down 126.17 pts or -3.55% at 3426.23.
  • U.S. futures are down too though off overnight lows, with the Dow Jones mini down 540 pts or -1.61% at 33044, S&P 500 mini down 74 pts or -1.71% at 4253.25, NASDAQ mini down 258.75 pts or -1.87% at 13581.
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