Asian stocks open lower as faith in global recovery slips | Sharefundss

Asian stocks open lower as faith in global recovery slips

“Equity sentiment remained positive in Europe but quickly soured in the U.S. as Fed speakers urged further fiscal support for the economy,” Westpac Institutional Bank analysts said in a note. In Asia, E-mini futures for the S&P 500 fell 0.11%, Australia’s S&P/ASX 200 lost 1.6% and Japan’s Nikkei 225 declined 0.56%. Hong Kong’s Hang Seng index futures dropped 0.92%.

 
Stocks-Markets-Economic Times