Feb 06, 2018

Asia markets join global stock plunge

Asian markets plunged on Tuesday as investors dumped stocks following the biggest US market fall for six years.

At one point Japan's Nikkei 225 index was down 7%, but recovered some of those losses to close 4.7% lower.

London, Frankfurt and Paris all fell sharply when they opened on Tuesday with new losses of up to 3%. In the US overnight the Dow lost 4.6%.

The falls follow some good years for investors. In 2017 the Dow was up 25%, helped by a resurgent economy.

Strong profits and low interest rates also underpinned the positive investment climate.

(BBC News)