Tokyo's Nikkei (-1.4%), Hong Kong's Hang Seng (3.56%), Shanghai's Stock Exchange (-4.1%), South Korea's benchmark Kospi 200 (-4.4%), Australia's S&P/ASX-200 (-2%) and New Zealand's market (-3%) all opened the week downward on S&P's downgrade of America's credit over the weekend.
This follows a sizable downturn in Saudi and Israeli markets over the weekend, but stands in stark contrast to the mixed numbers Europe posted this morning - due to their own somewhat good financial news outweighing America's.
I don't know what to expect on Wall Street this morning, but we better hope it looks nothing like Asia's 3-4% regional decline on the S&P downgrade.
What say you?
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