Stocks in Asia Lower

May 18, 2012 7:34 AM EDT Send to a Friend
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Markets in Asia sold off yesterday, with the KOSP leading the pack lower by 3.4 percent. Japanese stocks were also hit, with the Nikkei sinking 3 percent. Shares in China were down 1.3 percent.

The downturn in Asia followed a tough day on Wall Street yesterday that saw major indexes down between 1 and 2 percent. A weak 'Philly Fed' report triggered selling, as more negative headlines out of Europe undermined confidence.

Nikkei can be traded using the ETF (NYSE: EWJ). The Korean stocks can be traded through the ETF (NYSE: EWY). (NYSE: FXI) and (NYSE: MCHI) give investors access to shares in China.


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