Japan stocks drop beyond 6%, Hong Kong shares plummet almost 4% amid oil price war [MSNBC.com]
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Source: MSNBC.com
Asia Japan stocks drop beyond 6%, Hong Kong shares plummet almost 4% amid oil price war Published Sun, Mar 8 2020 Updated an hour ago Eustance Huang @EustanceHuang Key Points Stocks in Asia saw steep declines on Monday morning as oil prices plunged The Nikkei 225 Hong Kong's Hang Seng index South Korea's Kospi Meanwhile, stocks in Australia tanked, with the S&P/ASX 200 Straits Times Index Overall, the MSCI Asia ex-Japan index fell 3.61%. The moves came as the yield on the benchmark 10-year U.S. Treasury note fell below 0.5% Amid the rush to safe havens, gold prices saw strong gains in the morning of Asian trading hours as well. Spot gold Japanese yen U.S. futures also saw sharp declines on Sunday night stateside. Futures on the Dow Jones Industrial Average Oil prices plunge; OPEC+ 'looks dead' Oil prices were watched by investors on Monday. In the morning of Asian trading hours, the international benchmark Shares of oil companies also saw sharp losses. Australia's Santos Beach Jap
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