Asian shares on edge after nine-day rout, mood shaky as volatility spikes
Worries about the economic impact of a Sino-US trade war, a spike in US bond yields this week and caution ahead of earnings seasons are all cited as potential reasons behind the selloff, the biggest market rout since February.
The US S&P 500 lost 2.06 percent on Thursday to a three-month low, following on from a 3.29 percent drop on Wednesday.
Indeed, so far this week Chinese and US shares are among the worst performers in a sign that investors' worries about the trade war are deepening.
Published Date: Oct 12th, 2018 06:33 AM | Updated Date: Oct 12, 2018 08:27 AM IST
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