(Bloomberg) — Fear gripped Asian markets Friday after the biggest rout for equities on Wall Street since 2011, with investors flocking to the yen and bonds to find shelter from the expected blow to corporate earnings from the coronavirus.With the likes of Citigroup Inc. analysts saying they want to see markets “closer to panic” before going all-in on global equities, there was no appetite for dip buying ahead of the weekend. The Topix Index slid over 4%, and Shanghai and Seoul saw declines of over 3%. U.S. futures tumbled after a 4.4% plunge Thursday. Crude oil collapsed below $46 a …read more
Source:: Yahoo Finance
