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Asia Markets Plummet, Global Markets Brace For Big Selloff

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CNBC   |   September 29, 2008 08:24 PM

Read More: Asia Markets Plummet, Global Market Selloff, Global Markets, Wall Street, Wall Street Crisis, Business News

Global stock markets braced for a sharp declines on Tuesday, with Asian markets opening sharply lower, after the House's rejection of a $700 billion financial bailout sparked a broad selloff in the US.

Japan's Nikkei stock average fell 5 percent Tuesday, hitting its lowest level this year, following the Dow Jones Industrial Average's 7 percent plunge. Markets in Seoul and Sydney also dropped.

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Global stock markets braced for a sharp declines on Tuesday, with Asian markets opening sharply lower, after the House's rejection of a $700 billion financial bailout sparked a broad selloff in the US...
Global stock markets braced for a sharp declines on Tuesday, with Asian markets opening sharply lower, after the House's rejection of a $700 billion financial bailout sparked a broad selloff in the US...
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