Asia Markets Tremble after Oil Price Declines 5% and Dow Plunges 300pts. Overnight!
The negative sentiment overnight hit Asia markets in the next trading day, causing a volatility session in the morning of May 24.
The negative sentiment overnight hit Asia markets in the next trading day, causing a volatility session in the morning of May 24.
24 พ.ค. 2562

Over the night of May 23, as the trade tension between the U.S. and China continued to sink the world’s equity market, no one was safe from this chaos. The negative sentiment hit Asia markets in the next trading day, causing a volatility session on the morning of May 24.
 
At 9:40 local time in Thailand, Nikkei fell 125.33 points or 0.59% to 21,025.81 points. ASX 200 plunged 46.50 points or 0.72% to 6,445.30 points. Kospi dipped 12.03 points or 0.58% to 2,047.56 points. However, HSI was able to regain its stance, rebounded 97.35 points or 0.36% to 2,7364.48 points while SSEC traded almost flat with a gain of 0.99 points or 0.03% at 2,853.51 points.
 
Dow Jones closed the day at 25,490.47 points, plunged 286.14 points or 1.11%. The lowest of the day was 25,328.09 points and the highest was 25,657.99 points. Meanwhile, Dow Jones Future as of 9:22 local time in Thailand was at 25,537.0 points, gained 74.0 points or 0.29%.
S&amp;P 500 closed at 2,822.24 points, sank 34.03 points or 1.19%. The lowest of the day was 2,805.49 points and the highest was 2,836.70 points. Nasdaq closed at 7,628.28 points, fell 122.56 points or 1.58%. The lowest of the day was 7,585.32 points and the highest was 7,665.15 points.
VIX rose 2.17 points or 14.71% to 16.92 points.
 
Brent crude futures sank $3.35, or 4.7%, to $67.64 per barrel around 2:20 p.m. ET (1820 GMT). Meanwhile, U.S. West Texas Intermediate crude futures settled $3.51 lower at $57.91 per barrel, tumbling 5.7% to the lowest closing price since March 12.
 
For the European markets, FTSE 100 closed the day at 7,228.07 points, dipped 106.12 points or 1.45%. The lowest was 7,209.75 points, plunged 124.44 points or 1.69% while the highest was 7,306 points.
DAX closed the day at 11,944.91 points, dipped 223.83 points or 1.84%. The lowest was 11,925.71 points, plunged 243 points or 1.99% while the highest was 12,079.21 points.
CAC closed the day at 11,944.91 points, dipped 223.83 points or 1.84%. The lowest was 5,272.78 points, plunged 106.19 points or 1.97% while the highest was 5,340.38 points.