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Global Markets Follow U.S. Stocks Lower

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International markets were down at midday Hong Kong time, following a sharp tech-led selloff in the U.S., but U.S. futures pointed to a calmer session ahead

By late morning Friday Hong Kong time, the city’s Hang Seng Index had lost 1.7%, while Australia’s S&P/ASX 200 was down 2.5%. The Shanghai Composite and Japan’s Nikkei 225 had both retreated about 1.1%, and South Korea’s Kospi Composite was off 1.

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Good. Thursday was brutal.

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