Asian shares fall after Wall Street plunge

 
 
Updated 2/8/2018 9:12 PM
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  • Trader Robert Charmak, left, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue.

    Trader Robert Charmak, left, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. Associated Press

  • Traders Peter Tuchman, left, and Patrick Casey work on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue.

    Traders Peter Tuchman, left, and Patrick Casey work on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. Associated Press

  • Traders Tommy Kalikas, center, and Timothy Nick work on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue.

    Traders Tommy Kalikas, center, and Timothy Nick work on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. Associated Press

  • Trader Jonathan Corpina, center, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue.

    Trader Jonathan Corpina, center, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. Associated Press

  • Trader Fred DeMarco, center, and specialist Anthony Rinaldi, right, work on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue.

    Trader Fred DeMarco, center, and specialist Anthony Rinaldi, right, work on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. Associated Press

  • Trader Michael Milano, right, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue.

    Trader Michael Milano, right, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. Associated Press

  • Trader Anthony Carannante, left, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue.

    Trader Anthony Carannante, left, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. Associated Press

BEIJING -- China's stock market benchmark has plunged 5.5 percent and other Asian markets are off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points.

Asian markets on Friday followed Wall Street down as fearful U.S. investors pulled out of the market, sending the Dow into "correction" territory for the first time in two years.

The Shanghai Composite Index lost 5.5 percent. Tokyo's Nikkei 225 was off 3.2 percent and Hong Kong's Hang Seng fell 4 percent. Market benchmarks in Australia, South Korea and Southeast Asia also retreated.

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