Asian stocks slide sharply on Tuesday, with South Korea’s KOSPI Composite Index falling 9.99% to 8,203.84 as global risk appetite weakened.
Japan’s Nikkei 225 dropped 3.55% to 69,788.38, while Hong Kong’s Hang Seng Index fell 1.82% to 23,336.28, according to market data.
China’s SSE Composite Index declined 1.37% to 4,106.25, and India’s S&P BSE Sensex lost 1.16% to 76,200.68.
US equities were mixed, with the Nasdaq Composite down 1.34% at 25,814.86 and the S&P 500 falling 0.88% to 7,407.01.
The Dow 30 edged up 0.01% to 51,719.82, while the VIX jumped 10.21% to 19.04, signalling higher expected volatility.
Read: Currency Markets Rise as Dollar Gains Broadly
European markets were mostly lower, with MSCI Europe down 1.10%, the EURO STOXX 50 falling 0.83%, and Germany’s DAX losing 0.64%.
Commodities weakened as Brent crude oil fell 1.52% to USD 76.34 a barrel and US crude declined 1.69% to USD 72.61.
Gold dropped 1.20% to USD 4,152.30, silver fell 5.25%, and copper lost 3.10%, according to the same market overview.
Bitcoin fell 3.72% to USD 62,488.99 and Ethereum declined 5.42% to USD 1,657.56 as cryptocurrencies tracked the broader risk-off move.
The US Dollar Index rose 0.34% to 101.37, while USD/JPY traded at 161.5540, up 0.02%.
| Index | Change |
|---|
| VIX | 10.21 |
| Dow 30 | 0.01 |
| S&P 500 | -0.88 |
| Nasdaq | -1.34 |
| FTSE 100 | 0.17 |
| MSCI Europe | -1.1 |
| Hang Seng | -1.82 |
| Nikkei 225 | -3.55 |
| KOSPI | -9.99 |
