With Your Coffee
Asian Markets Fall Again on Worries About U.S. Economy
By KEITH BRADSHER
HONG KONG, Feb. 28 — Stock markets fell sharply across most of Asia on Wednesday morning.But most of the worries were not about China, which started a global sell-off on Tuesday, but about the strength of the American economy and the continued willingness of international investors to keep buying shares far from home.
After tumbling almost 9 percent on Tuesday, the Shanghai market bounced back by about 4 percent by early Wednesday afternoon.
But markets elsewhere in Asia, after falling modestly on Tuesday, declined steeply Wednesday morning following the weakness of markets in Europe and New York.
Hmmm. Have a nice day.