Tokyo stocks experienced a sharp downturn on Wednesday morning, with the Nikkei 225 index plummeting over 4% at one point, driven by disappointing U.S.
Nasdaq and Dow Jones Futures were trading lower with Nasdaq down by 0.8 percent after opening the trading session flat. Asian markets were slightly positive on Tuesday.
On Tuesday, the German DAX index continued its upward trajectory, reaching new record highs. However, investor enthusiasm remained tempered ahead of critical U.S.