People are reflected on an electric board showing Nikkei index and its graph outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. Asian markets skidded on Monday, with Japan's Nikkei 225 index losing 3.3%, after a sell-off Friday on Wall Street gave the S&P 500 its worst weekly loss since February. - Reuters
BANGKOK, June 21 (AP): Asian markets skidded on Monday, with Japan's Nikkei 225 index losing 3.3%, after a sell-off Friday on Wall Street gave the S&P 500 its worst weekly loss since February. US futures were marginally lower.
Investors are still recalibrating their moves after the Federal Reserve’s signal last week that it may raise current ultra-low rates sooner than had been expected. That gave the Dow Jones Industrial Average its worst weekly loss since last October.
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