Market in Asia were mixed.

The Nikkei dropped 10% to 9,961.

The Hang Seng dropped .4% to 18,718.

The Shanghai Composite fell .7% to 2,798.

At the open in Europe, the FTSE was down .3% to 4,422. The Dax was down .3% to 5,064. The CAC 49 dropped .3% to 3,306. HSBC (HBC) was up as bank shares rose. Among research calls Candisk (SNDK) was upped to neutrel from sell at Goldman Sachs (GS).

Data from Reuters and MarketWatch.

Douglas A. McIntyre