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Hang Seng Enters Bear Market (-20% From Feb High)

EQUITIES
  • Asian markets closed lower, with Japan's NIKKEI down 267.92 pts or -0.98% at 27013.25 and the TOPIX down 16.51 pts or -0.87% at 1880.68. China's SHANGHAI closed down 38.221 pts or -1.1% at 3427.334 and the HANG SENG ended 466.61 pts lower or -1.84% at 24849.72.
  • European equities are weaker, with the German Dax down 64.62 pts or -0.41% at 15765.81, FTSE 100 down 19.62 pts or -0.28% at 7058.86, CAC 40 down 27.64 pts or -0.42% at 6605.89 and Euro Stoxx 50 down 4.85 pts or -0.12% at 4124.71.
  • U.S. futures are also pointing downward, with the Dow Jones mini down 160 pts or -0.46% at 34658, S&P 500 mini down 20.5 pts or -0.47% at 4381, NASDAQ mini down 43.75 pts or -0.29% at 14884.25.


Source: BBG, MNI

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