- Global equities are in the red, with Japanese shares leading Asia lower after the yen strengthened against the dollar following a bad miss for U.S. employment data yesterday, which has prompted investors to rule out Fed tapering this year.
- Chinese stocks dropped 1.25% on concerns about central-bank tightening, debt write-offs at banks, and fears that small-caps are overvalued.
- European shares are suffering as banks fall following news that the ECB will carry out year-long stress tests, while markets are also taking in earnings reports.
- Japan -2%, Hong Kong -1.5%, India -0.7%.
- EU Stoxx 50 -0.7%, London -0.4%, Paris -0.7%, Frankfurt -0.5%, Milan -1.2%, Madrid -1.6%.
- U.S. Stock futures: Dow -0.4%. S&P -0.5%. Nasdaq -0.5%
- ETFs - FXI, GXC, PGJ, YAO, FCHI, PEK, CAF, YXI, XPP, FXP, MCHI, YINN, YANG, TCHI, CHXF, KFYP, HAO, ECNS, EZU, VGK, FEZ, EPV, IEV, ADRU, FEP, FDD, UPV, EPV, DFE, FEU, FEEU, ADRA, AIA, VPL, ASDR, AAXJ, AXJS, EPP, GMF, GMFS, AXJL, UXJ, JPX, PAF, ASEA, EEMA, DVYA, EFA, IEFA, VEA, ADRD, MFLA, EFO, EFU, PDN, PIZ, EFZ, PXF, EFG, EFV, DZK, DPK, IDLV, DTH, DWM, URTH, FDTS, EWJ, NKY, EWV, EZJ, ITF, JSC, JPP, DXJ, SCJ, DFJ, FJP, JPNL, JPNS, DXJS, FXY, JYN, YCL, YCS
World stock markets fall
Oct 23 2013, 05:24 ET