Stock Selloff Eases in Asia; U.S. Futures Advance: Markets Wrap

(Bloomberg) — Asian stocks came off their lows Friday after a wave of selling in the wake of a Wall Street rout triggered by concerns about the speed of the epic rally.Japanese shares were down about 1% after a 3% slide earlier, and declines eased in Australia and South Korea as well. Shanghai was only slightly in the red, while Hong Kong had a bigger drop. U.S. futures climbed over 1% after the S&P 500 sank almost 6% Thursday, the most in 12 weeks, with only one company in the index finishing higher. Treasury yields headed for the first gain …read more

Source:: Yahoo Finance

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