Asian stocks slumped on Tuesday, dragging the regional benchmark index from a three-month high, as lower-than- expected profit at China Mobile, the world’s biggest wireless carrier, weighed on regional markets. Futures on the S&P 500 Index were little changed at 832.90 after the gauge slid 4.3% on Monday – the most since March 2 – as Bank of America increased reserves for future loan losses by 57% since end-December.
Asian markets (Tues)
03:00 BST
Nikkei down 261.92 (-2.93%) at 8,662.83
Topix down 28.12 (-3.31%) at 820.18
Hang Seng down 600.19 (-3.81%) at 15,150.72
US markets (Mon)
S&P500 down 37.21 (-4.28%) at 832.39
DJIA down 289.60 (-3.56%) at 7,841.73
Nasdaq down 64.86 (-3.88%) at 1,608.21
European markets (Mon)
FTSE100 down 101.94 (-2.49%) at 3,990.86
Eurofirst 300 down 28.57 (-3.51%) at 786.12
Currencies
04:10 BST
€/$ 1.2933 ( 1.2996)
$/¥ 98.20 (98.83)
£/$ 1.4536 (1.4725)
Commodities
02:15 BST
Brent Crude (ICE) up $0.11 at $49.97
Light Crude (Nymex) up $0.11 at $48.62
100 Oz Gold (Comex) up $0.20 at $887.70
Copper (Comex) down $7.50 at $202.85
10-year government bond yields (%)
03:50 BST
US 2.82 (2.91)
UK 3.22 ( 3.25)
Germany 3.27 ( 3.15)
Japan 1.47 (1.47)
Sources: FT, Bloomberg