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Losses Resume, With Tech Underperforming

EQUITIES
  • Asian markets closed lower: Japan's NIKKEI closed down 684.22 pts or -2.53% at 26319.34 and the TOPIX ended 37.52 pts lower or -1.96% at 1878.39. China's SHANGHAI closed up 2.58 pts or +0.09% at 3004.141.
  • European stocks are under pressure and many indices at multi-month lows, with the German Dax down 131.05 pts or -0.96% at 13680.38, FTSE 100 down 80.87 pts or -1.09% at 7387.94, CAC 40 down 94.71 pts or -1.51% at 6258.36 and Euro Stoxx 50 down 46.04 pts or -1.27% at 3624.5.
  • U.S. futures are down sharply, led by tech stocks, with the Dow Jones mini down 389 pts or -1.19% at 32420, S&P 500 mini down 58.75 pts or -1.43% at 4060.75, NASDAQ mini down 210.5 pts or -1.66% at 12485.25.
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