US Stock Futures and Asian Markets Falling — Pausing a Strong 2-Day Gain

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US Stock markets began falling Thursday, putting a halt to Wall Street’s uptick two-day strong momentum.

Asian markets were mostly lower in early trade. Japan’s Nikkei 225 (N225) dropped 4.2%, the worst performer in the region. Hong Kong’s Hang Seng (HSI) fell 1%, while China’s Shanghai Composite (SHCOMP) declined 0.7%. South Korea’s Kospi (KOSPI) was last down 0.1%, reversing gains from earlier in the morning.

Australia’s S&P/ASX 200 is the only major benchmark in the region remaining in the green. By mid-afternoon in Sydney, it was trading up 1.1%.

US stock futures, meanwhile, traded lower after earlier recording slight gains. Dow (INDU) futures were last down 136 points, or 0.7%. S&P 500 (SPX) futures were down 0.9%, while Nasdaq futures were down 0.7%.

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