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Monday's Gains Swiftly Retreat

EQUITIES
  • Asian markets closed weaker: Japan's NIKKEI closed down 96.76 pts or -0.37% at 26149.55 and the TOPIX ended 3.55 pts lower or -0.19% at 1852.65. China's SHANGHAI closed down 39.517 pts or -1.2% at 3267.202 and the HANG SENG ended 551.25 pts lower or -2.56% at 21008.34.
  • European stocks are down sharply, with the German Dax down 269.73 pts or -2.03% at 13033.41, FTSE 100 down 91.81 pts or -1.28% at 7060.73, CAC 40 down 109.5 pts or -1.84% at 5857.06 and Euro Stoxx 50 down 67.54 pts or -1.93% at 3428.96.
  • U.S. equities are retracing Monday's gains, with the Dow Jones mini down 406 pts or -1.33% at 30119, S&P 500 mini down 58.75 pts or -1.56% at 3709, NASDAQ mini down 204.5 pts or -1.77% at 11372.75.

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