Markets in Asia were markedly lower.

The Nikkei dropped 2.5% to 10,010. Honda (HMC) fell sharply.

The Hang Seng was off 1.5% to 20,697. China Unicom (CHU) and PetroChina (PTR) both fell.

The Shanghai Composite fell 2.7% to 2,764.

At the open in Europe, the FTSE was up .4% to 5,100. The Daxx was up 1% to 5,639 and the CAC 40 rose .1% to 3,742.

Data from Reuters and MarketWatch.

Douglas A. McIntyre