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.
DAX 40 Index is at fresh highs as the market sentiment is positive. The European markets have opened positive but the close could depend on the data. US markets will open in a few hours.
Nikkei 225 was mainly range-bound on Monday but on Tuesday, the Japanese stocks were marginally lower. At the time of publication, Nikkei 225 Index was down by 0.2 percent at 38,621.
