Markets Are Lower As Stocks In Asia Get Slammed Again
Stocks are lower in Europe and US futures are off a bit.
But the real story is in Asia, which had a really rough night.
Japan got pasted. Here's the Nikkei.
Nikkei.com
Shanghai lost 1.5%, as well. Korea dropped 0.6%.
The big story is the spike in short-term Chinese interest rates, as policymakers are seen as trying to cool the economy once again.