Asian markets are lower after stocks fell sharply on Wall Street, as investors’ exuberance faltered after a spate of record highs.
ELAINE KURTENBACH, AP Business Writer
Asian markets skidded Friday after Wall Street had its worst day since June, as investors’ exuberance faltered after a spate of record highs.
Shares fell across the region Friday, with Tokyo’s Nikkei 225 shedding 1.1%.
There was little going on regionally to alter the market’s trajectory after the U.S. benchmark S&P 500 gave up 3.5%, its biggest loss in three months, and the Nasdaq fell 5% as high-flying technology companies took a tumble after months of spectacular gains. Read More..