The Shanghai composite fell 4.3% and the Nikkei dropped 1.4% Tuesday. A sharp revision to the...

|By:, SA News Editor

The Shanghai composite fell 4.3% and the Nikkei dropped 1.4% Tuesday. A sharp revision to the Conference Board's China Leading Indicators (to +0.3% from +1.7%), due to a calculation error, seems to have spooked markets. U.S. stock futures are down sharply, with S&P -1.3% to 1057, and 10-year Tsy +0.4% to 122-20.