This Is How the Stock Rout Hit Asia

Technology shares tumbled as markets fell across the region and erased the Nikkei’s 2018 gain

The weekend did little to cushion the blow of the biggest U.S. stock rout in two years, with Asian equities facing a barrage of selling on Monday. Benchmark stock markets across the region retreated, with Japan’s Topix Index falling the most to close 2.2 percent lower. Australia’s S&P/ASX 200 index slid 1.6 percent, while Hong Kong stocks finished 1.1 percent down.

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