· European markets were lower on Wednesday morning, tracking overnight losses on Wall Street, where heightened concerns about tighter controls on the tech industry hit stocks hard.
The pan-European Stoxx 600 was down over 1 percent during early morning deals, with almost all sectors and major bourses in negative territory.
· Asian shares fell on Wednesday after Wall Street was knocked hard by concerns about tighter controls on the tech industry, denting a brief global equities recovery driven by hopes that the risk of a U.S.-China trade war was easing.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 1.5 percent, turning red for the week, led by information technology shares .MIAPJIT00PUS, such as Tencent (0700.HK). Japan's Nikkei .N225 fell1.3 percent.
· Japanese stocks fell on Wednesday, led by a sell-off in tech firms after their U.S. counterparts skidded on concerns about government regulation, while ex-dividend trades added to the broader losses.
The selloff in the sector was triggered by steep losses in U.S. tech stocks, which have been under pressure recently as concerns about government regulation stemming from their strong growth and privacy questions surrounding Facebook.
The Nikkei share average ended 1.3 percent lower to 21,031.31.
· China stocks fell on Wednesday, tracking losses on Wall Street where tech firms were hit hard on concerns over tighter government scrutiny on the industry.
At the close, the Shanghai Composite index was down 1.4 percent at 3,122.29, while the blue-chip CSI300 index close down 1.8 percent at 3,842.72.
Reference: Reuters, CNBC
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