South Korea’s Kospi led losses among the region’s major markets as it declined 2.69%, the Hang Seng index in Hong Kong slipped 0.61% with HSBC stock drop 2.56% and Standard Chartered slipped over 2%.
The Shanghai Composite down 0.35% and the S&P/ASX 200 in Australia slipped 0.68%.
Meanwhile, the Dow Jones Industrial Average fell 509.72 points, or 1.8%, to close at 27,147.70. The S&P 500 lost 1.2% to finish its trading day at 3,281.06. The Nasdaq Composite closed just 0.1% lower at 10,778.80.