The coronavirus-related shock to US markets is once again carrying over to Asia Pacific.
The declines followed a terrible day in the United States, where the Dow (INDU) finished 879 points, or about 3.2% lower — its second straight day of massive declines. The index has lost more than 2,000 points in total over the past four days.
Oil prices also tumbled again Tuesday. US oil settled 3% lower at $49.90 per barrel, while the global benchmark Brent crude settled 2.4% lower at $54.95 a barrel. Futures improved slightly during Asian hours.
Source : CNN.News