Business

Asian stocks sag as US growth jitters mount

By Yuri Kageyama
Published October 16, 2014 3:22am ET
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Asian stocks sag as US growth jitters mount
A man takes a picture of an electronic stock board in front of a securities firm in Tokyo, Thursday, Oct. 16, 2014, following fear drove Wall Street to one of its most dramatic, dizzying days in years on Wednesday. Investors fled stocks and poured into bonds as worries about a global economic slowdown intensified. The Dow Jones industrial average dropped 460 points in afternoon trading, all three U.S. stock indexes were in negative territory for the year, and the so-called fear index spiked.(AP Photo/Koji Sasahara) | Koji Sasahara

TOKYO (AP) — Asian stock markets sank Thursday after a torrid session on Wall Street triggered by jitters the recovery in the world’s No. 1 economy is weakening.

KEEPING SCORE: Tokyo’s Nikkei 225 dived 2.2 percent to 14,736.90 as the dollar tumbled against the yen. South Korea’s Kospi lost 0.6 percent to 1,915.13. Hong Kong’s Hang Seng dropped 0.9 percent to 22,929.06 and Australia’s S&P/ASX 200 shed 0.6 percent to 5,213.10. China’s Shanghai Composite Index was little changed at 2,374.45.

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