Mainland Chinese stocks declined in early trade, with the Shanghai Composite down about 0.37% while the Shenzhen component was fractionally lower. The Nikkei 225 shed 0.37% while the Topix index fell 0.38%.
South Korea’s Kospi is also down 0.42% and also stocks in Australia dropped, with the S&P/ASX 200 down 1.5%.
According to the country’s National Bureau of Statistics Profits, China’s industrial firms jumped 10.1% yoy in September.
Overnight stateside, the Dow Jones Industrial Average closed 650.19 points lower, or 2.3%, at 27,685.38. The S&P 500 fell 1.9% to finish its trading day at 3,400.97 while the Nasdaq Composite dipped 1.6% to close at 11,358.94.
Meanwhile, oil prices were higher, with international benchmark Brent crude futures up 0.15% to $40.52 per barrel and U.S. crude futures also gained 0.18% to $38.63 per barrel.