Meanwhile, Hong Kong’s airport resumed normal operations after a chaotic night of protest in which demonstrators beat and detained two suspected infiltrators and Trump warned of Chinese troops massing on the border.
Here are the main moves in markets:
– The S&P 500 Index fell 2.5 per cent as of 12.01pm New York time.
– The Dow Jones Industrial Average lost 2.4 per cent and the Nasdaq 100 fell 2.9 per cent.
– The Stoxx Europe 600 Index fell 1.7 per cent.
– Germany’s DAX Index sank 2 per cent.
– The MSCI Emerging Market Index rose 0.2 per cent.
– The MSCI Asia Pacific Index jumped 0.9 per cent.
– The Bloomberg Dollar Spot Index rose 0.2 per cent.
– The euro increased 0.3 per cent to $US1.1143.
– The British pound climbed 0.1 per cent to $US1.2073.
– The Japanese yen jumped 0.9 per cent to 105.787 per dollar.
– The yield on 10-year Treasuries sank 12 basis points to 1.59 per cent.
– The yield on two-year Treasuries declined nine basis points to 1.58 per cent.
– Britain’s 10-year yield fell three basis points to 0.465 per cent.
-Germany’s 10-year yield declined three basis points to -0.64 per cent.
– Gold rose 1 per cent to $1,529.20 an ounce.
– West Texas Intermediate crude decreased 5.2 per cent to $54.16 a barrel.