NIFTY 50

Asian shares on edge after nine-day rout, mood shaky as volatility spikes

Updated : October 12, 2018 08:27 AM IST

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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV