Shares across Asia have taken a heavy beating after New York's Dow Jones index suffered its biggest drop in six-and-a-half years. A wild day for US markets on Monday caused panic to spread. At one point, Japan's Nikkei 225 share benchmark plunged by 7.1%, but recovered some of the losses to close 4.7% down. Wall Street's record-breaking loss also saw Hong Kong's Hang Seng index fall by 5.12%, with South Korea's Kospi losing 1.4%. In China, the Shanghai Composite Index lost 3.35% - or 116.85 points - while the Shenzhen Composite Index, tracking China's second exchange, plunged 4.44%, or 80.21 points. The slump means the Dow Jones has wiped out of all of its gains so far in 2018, following months of surges fuelled by optimism about the US economy, corporate earnings and the global outlook.
really? then why did they wait until Friday last week to respond? The polices were known months and months ago.
Drudge Retort Headlines
3 More Deputies On Scene Did Not Enter School (105 comments)
House Intel Committee Releases Democratic Memo (92 comments)
The AR-15 Inflicts Devastatingly Different Wounds (85 comments)
China: America's Easy Gun Sales a Human Rights Problem (29 comments)
What Life Without Retirement Savings Looks Like (27 comments)
Trump Reads Racist Anti-Immigrant Lyrics at CPAC (24 comments)
EPA Chief Says Bible Defends His Environmental Policies (24 comments)
Ted Cruz: 'Democrats Are the Party of Lisa Simpson' (23 comments)
Parkland Student: 'We Should Call AR-15s Marco Rubio' (17 comments)