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.

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