• On Monday, the Dow Jones Industrial Average .DJI fell 245.39 points, or 0.99 percent, to 24,442.92, the S&P 500 .SPX lost 17.44 points, or 0.66 percent, to 2,641.25 and the Nasdaq Composite .IXIC dropped 116.92 points, or 1.63 percent, to 7,050.29.
U.S. stocks fell in a volatile session on Monday, with the benchmark S&P 500 index ending close to confirming its second correction of 2018, hurt by fresh worries about U.S.-China trade policy tensions and a sharp drop in the big technology and internet shares.
Major technology and growth stocks, such as Amazon.com Inc (AMZN.O), Google parent Alphabet Inc (GOOGL.O) and Netflix Inc (NFLX.O), posted sharp declines. The S&P 500 technology sector .SPLRCT fell 1.8 percent.
After the S&P 500 dropped more than 10 percent from its Sept. 20 record closing high during the session, the benchmark index pared its losses late to close down 9.9 percent from its peak. The Dow industrials also fell more than 10 percent from its Oct. 3 record close during the session, before ending down 8.9 percent from the mark.
.png)
• Stocks in Asia slipped on Tuesday morning, following a roller coaster session on Wall Street.
In Japan, the Nikkei 225 slipped 0.36 percent just after the market open while the Topix index saw a slight decline.
South Korea's Kospi, meanwhile, fell 0.1 percent in early trade.
• Chinese markets, which open at 9:30 a.m. HK/SIN, will be looking to recoup some of their losses after another rough trading session on Monday. It's been a tough October for mainland shares: The Shanghai index has fallen by almost 9.9 percent while Shenzhen has dropped more than 12.2 percent.
Reference: Reuters, CNBC
Thai
Eng