News > Asian share markets tumble after weak data on Wall Street
Asian share markets tumble after weak data on Wall Street
Business Today | 21/01/2022 04:55 PM | Click to read full article
Asian share markets tumbled on Friday, tracking losses on Wall Street, as lingering concerns over the Federal Reserve's tightening and weaker-than-expected economic and earnings data weighed on sentiment ahead of a Fed policy meeting next week.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 1.3%, dragged by Australian shares which fell 2.34%, while Japan's Nikkei stock index slid 1.47%. Nasdaq futures slid 1.2% in Asian trading.