Asian Financial Markets Hammered; Hold On To Your Hats
Before we sign off for this evening -- just a word of caution concerning tomorrow's market activity. According to CNBC, the Asian markets are getting "hammered" in trading that is still ongoing. Japan's Nikkei Average is down 3.5%, and the South Korean KOSPI is now down about 7% as of this posting.
The yen has also hit a five-month high against the U.S. dollar.
Methinks it's going to be a rough one on Wall Street Thursday.
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