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Hang Seng Drops Sharply Again

  • Asian markets closed mixed, with Japan flat but Hong Kong stocks cratering again: Japan's NIKKEI closed up 38.63 pts or +0.15% at 25346.48 and the TOPIX ended 14.35 pts higher or +0.79% at 1826.63. China's SHANGHAI closed down 159.568 pts or -4.95% at 3063.965 and the HANG SENG ended 1116.58 pts lower or -5.72% at 18415.08
  • European equities are sharply lower, with the German Dax down 326.24 pts or -2.34% at 13622.26, FTSE 100 down 114.3 pts or -1.59% at 7077.23, CAC 40 down 160.94 pts or -2.53% at 6224.23 and Euro Stoxx 50 down 94.44 pts or -2.52% at 3652.84.
  • U.S. futures are weaker, with the Dow Jones mini down 220 pts or -0.67% at 32724, S&P 500 mini down 29 pts or -0.7% at 4143, NASDAQ mini down 84.75 pts or -0.65% at 12960.75.

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