Global Markets Drop on Downbeat Fed Message

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Global Markets Drop on Downbeat Fed Message
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Among benchmarks, Hong Kong’s was off 1%, Australia’s 2.5%, South Korea’s 1.3% and Japan’s 2.1%; E-mini S&P 500 futures were down 1%

By early afternoon Thursday Hong Kong time, the local stock benchmark had fallen 1%. Australia’s benchmark was down 2.5%, South Korea’s Kospi Composite 1.3% and Japan’s Nikkei 225 index 2.1%, as the yen strengthened to around ¥107.

1 to the dollar.
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