Asian And European Stock Markets Close Lower Today

All key Asian stocks ended lower today. South Korea’s Kospi plunged 2.33 percent, Hong Kong’s Hang Seng Index tanked 2.16 percent and Japan’s Nikkei-225 declined two percent. China’s Shanghai Composite index and Singapore’s Straits Times index both slipped over one percent.

All major European markets were trading with losses. Germany’s DAX were trading 1.36 percent lower, London’s FTSE was 1.32 percent down and France’s CAC was 1.22 percent lower when reports last came in.