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View Full Version : Asian markets follow Wall St, lower after US data



Wireless News
03-26-2015, 03:40 AM
http://l.yimg.com/bt/api/res/1.2/2J9yOuykWesCG6dvDzcq_g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/1ddc278367cfba0bfb12218c886ec8f057393f80.jpg (http://news.yahoo.com/asian-markets-wall-st-lower-us-data-030612910.html)Asian markets mostly wound back on Thursday, in line with a hefty sell-off on Wall Street, after surprisingly weak US data hinted at ongoing weakness in the world's number one economy. Tokyo tumbled 1.39 percent, or 275.08 points, to 19,471.12 after earlier this week touching a 15-year high, while Sydney sank 1.58 percent, or 94.22 points, to close at 5,879.1 and Seoul fell 0.99 percent, or 20.25 points, to 2,022.56. In late trade Hong Kong was marginally lower but Shanghai climbed 0.49 percent, having fallen Wednesday for the first time in 11 sessions. "Wall Street is struggling to add to its recent record high and it looks like the upward momentum is starting to show signs of fatigue," Matthew Sherwood, head of investment markets research in Sydney at Perpetual Ltd., told Bloomberg News.



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