Asian Stocks Took Their Cues From the U.S, Wiping Out 2018 Gains
- Japan among hardest hit as Nikkei 225 enters a correction
- Investors are going defensive; advising clients be cautious
Sinche Says There Will Be People Who Get Hurt From Big Market Moves
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Asian equity markets tend to track what happens in the U.S. more than most, and Tuesday was no exception.
Just a few hours after the late-in-the-day plunge that saw the Dow Jones Industrial Average slide as much as 6.3 percent, bourses over the other side of the world started to open, taking their cue from New York to provide Asian traders with their own white-knuckle ride.