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Asian stock markets plummeted on Tuesday, causing heavy overnight losses on Wall Street, while technology firms bore the brunt of slowing demand as the dollar slumped after weakness. US statistics, which undermined confidence.
The broadest index of MSCI Asia Pacific shares out of Japan fell 0.3%.
Australian equities lost 0.7% and South Korea's high-tech stocks fell 0.9%.
In Seoul, Samsung Electronics fell 2.1%, SK Hynix Inc. by 3%, Japan's Tokyo Electron by 2.5%, Advantest by 1.8% and Sony Corp by 2.8%.
Japan's Nikkei lost 1%. Shares of Nissan Motor Co have fallen about 6% after the arrest of its chairman, Carlos Ghosn, on Monday for alleged financial misconduct, and will be dismissed from the board this week.
US stocks were strong on Monday as Nasdaq plummeted by 3% as investors abandoned Apple, the Internet and other technologies. Conflicting signals between the United States and China over their trade dispute added to caution.
"The decline in US stocks will cut short any stock market attempts to achieve a sustained rebound, and investor sentiment has been dampened by the continued weakness of US technology stocks," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management. in Tokyo.
Worries over a spike in corporate earnings growth as a result of rising borrowing costs, slowing global economic momentum, and international trade tensions have led to stock turmoil over the past two months.
In currencies, the dollar has collapsed to its lowest level for nearly two weeks against a basket of currencies.
The greenback was hit after data released on Monday showed US homebuilders' sentiment registered its biggest drop of one month over 4 ½ years in November.
The dollar was also sealed after Fed Vice President Richard Clarida and Dallas Fed President Robert Kaplan voiced concerns over a possible global slowdown.
The US dollar has rebounded strongly this year, supported by three Fed rate hikes and a robust economy, although some expect the rally to be over.
While long-term US Treasury yields have fallen to 3.052%, their lowest level in seven weeks, as a result of weak equities and the US housing market, the dollar index has been close to 96.120 against a basket of six major currencies. .
The euro has changed little at 1.145 USD after gaining 0.35% in one night.
The dollar slipped to a three-week low at 112.40 yen and traded at 112.48.
Futures on US crude increased 0.3% to $ 57.36, adding to the previous day's gains, supported by an announced US oil inventory withdrawal, potential sanctions from the US European Union against Iran and possible cuts in the production of OPEC.
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