Asian stocks fell again on Thursday, as concern about rising loan losses at banks fuelled speculation that an equity rally since March had outpaced earnings prospects. Futures on the S&P500 fell 0.1% after the gauge lost 0.9% on Wednesday, even after Wells Fargo posted a record quarterly profit.
Asian markets (Thurs)
04:05 BST
Nikkei225 down 122.61 (-1.19%) 10,210.78
Topix down 12.02 (-1.32%) at 901.68
Hang Seng down 254.01 (-1.14%) at 22,064.10
US markets (Wed)
S&P 500 down 9.66 (-0.89%) at 1,081.40
DJIA down 92.12 (-0.92%) at 0,949.36
Nasdaq down 12.74 (-0.59%) at 2,150.73
European markets (Wed)
Eurofirst 300 up 4.59 (0.45%) at 1,025.88
FTSE100 up 14.45 (0.28%) at 5,257.85
Currencies
04:15 BST
€/$ 1.5001 (1.4912)
$/¥ 90.96 (90.71)
£/$ 1.6605 (1.6377)
Commodities (continuous)
04:07 BST
Brent Crude (ICE) down $0.36 at $79.33
Light Crude (Nymex) down $0.29 at $81.08
100 Oz Gold (Comex) up $1.30 at $1,059.90
Copper (Comex) up $8.30 at $301.50
10-year government bond yields (%)
04.10 BST
US 3.39 (3.33)
UK 3.70 (3.55)
Germany 3.31 (3.24)
Japan 1.36 (1.35)
Sources: FT, Reuters, Bloomberg