Asia markets: Investors flee over dismal US news

Asia’s stock markets have taken a beating as potential signs of the US economic recovery shifting into reverse spooked investors.

Asia markets: Investors flee over dismal US news
Mon, 04 Jun, 2012 - 10:02

Asia’s stock markets have taken a beating as potential signs of the US economic recovery shifting into reverse spooked investors.

A report on US hiring and employment in May pushed stock indexes to their biggest declines of the year on Friday. The Dow Jones industrial average fell 275 points, its biggest one-day decline since November.

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