Malaysian, global markets on edge on trade worries

Lower close: A Japanese woman walks past an electronic board showing the Nikkei stock index outside a brokerage in Tokyo. Asian markets were largely lower following Dow Jones’ overnight steep fall. — Reuters

PETALING JAYA: Global markets, including Bursa Malaysia, were on edge, following the steep overnight fall of US markets.

The escalating trade war between the US and China caused the US markets to perform badly, with the Dow Jones falling 2.38% to 25,324.99 after China retaliated and said it would raise tariffs to as high as 25% on more than 5,000 US products starting June 1.