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Tentative Stability

  • Asian stocks closed sharply lower, with Japan's NIKKEI down 1202.26 pts or -3.99% at 28966.01 and the TOPIX down 61.74 pts or -3.21% at 1864.49. China's SHANGHAI closed down 75.966 pts or -2.12% at 3509.08 and the HANG SENG ended 1093.96 pts lower or -3.64% at 28980.21
  • European equities are off the lows, with the German Dax down 43.24 pts or -0.31% at 13846.1, FTSE 100 down 26.64 pts or -0.4% at 6628.85, CAC 40 down 26.04 pts or -0.45% at 5760.72 and Euro Stoxx 50 down 19.32 pts or -0.52% at 3666.37.
  • U.S. futures are likewise clawing back some overnight losses, with the Dow Jones mini down 24 pts or -0.08% at 31345, S&P 500 mini up 3.25 pts or +0.08% at 3831.25, NASDAQ mini down 9 pts or -0.07% at 12822.75.

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