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The declines were led by Japan'sNikkei which took one of its steepest dives since the 1990s before recovering to close down 4.7 percent.
Finance Minister Taro Aso said he didn't want to comment on share prices, but he did ask reporters if corporate performances were getting worse, indicating they are not.
Responding to the market sell-off, the White House said Trump was focused on the long-term health of the U.S. economy, claiming the fundamentals were "exceptionally strong".
By early afternoon in Asia, Dow and S&P futures were both down more than 4 percent, suggesting a weak open for US markets.
Tokyo stocks fell nearly across the board after the Dow Jones industrial average plummeted 1,175.21 points, or 4.60 percent, in NY on Monday, incurring the worst one-day point loss ever. There was intense trading activity, with more than 40 percent of the average daily volume traded on Germany's DAX and Europe's STOXX 50 by 0845 GMT. By late morning it was down 5.2 percent at 21,511.04.
The Standard & Poor's 500 index was down 8 points, or 0.3 percent, at 2,639.
The yen attracted purchases as a safe-haven currency following sharp falls in NY and Tokyo equities, currency traders said. A weaker dollar and stronger yen tend to hurt prices of export-oriented manufacturers in Japan.
The market was also weighed down by the yen's rise against the dollar. It was also the Dow's biggest fall on a pure points basis of all-time. The S&P 500, for example, is one of the major fallers, declining 7.8 percent since its latest record high on January 26.
Apple takes top spot in worldwide smartphone market in Q4
Xiaomi , OPPO , and Vivo were the only brands among top ten which grew YoY-mostly due to strong performances outside of China. Rounding out the top three is Huwaei, shipping 41 million units in the fourth quarter , a 9.7 percent drop year-over-year.
Higher inflation brings a host of worries for markets because it means the Fed could raise interest rates faster than previously expected. At 10.30 a.m., the Sensex traded lower by 1,074.79 points or 3.09 per cent to 33,682.37 points from its previous close of 34,757.16 points.
S & P mini futures fell as much as 3.0 per cent to four-month lows in Asia, extending their losses from the record peak hit just over a week ago to 12 per cent. The Nasdaq composite was little changed at 6,968.
Wall Street stocks plunged in chaotic trading today, as the Dow's gains for 2018 were erased in a brutal pullback from months of stock market euphoria that had been acclaimed by President Donald Trump.
And Wall Street looks set for another rocky ride on Tuesday. It was down 872, or 3.4 percent, to 24,651.
The broader Topix fell 4.3 percent to 1,745.79.
The Dow was down 530 points, or 2 percent, to 24,999. "The only thing that is really different is that bond yields got up to 2.8 per cent".
Buying on dips was held in check to some extent "due to concerns over further falls in US stocks", said Tomoaki Fujii, head of the investment research division at Akatsuki Securities Inc.
The sell-off started Friday when generally positive U.S.jobs figures showed strong wage growth, deepening concerns about inflation and possible rate hikes by the Federal Reserve - a good news is bad news scenario.
Pompeo had on Monday told the BBC he believes that Russian Federation will seek to interfere in November's mid-term elections. Trump's willingness to court Moscow also has anxious many intelligence officials, who say it has damaged operations.
With a net worth of $17bn, he had also invested in top hotels including the George V (Paris) and the Plaza (New York). He also said he had been well treated in detention, describing rumours of mistreatment as completely false.
Canaccord Genuity now has a GBX 380.00 target price per share on the 557.86M GBP market cap company or 35.81% upside potential. Parametric Portfolio Associates Llc increased Covanta Holding Corp (CVA) stake by 7.41% reported in 2017Q3 SEC filing.
Some companies have offered parental controls as a way of controlling unauthorized preteen use of their platforms. That's not to say that young kids should be allowed to use excessively use apps like this, however.
Fujifilm said earlier Wednesday it would bring the entire Xerox business into the existing joint venture between the two firms. However, as is often the case with many companies' restructuring efforts, there will be casualties.
Draghi said Thursday that recently volatility in the euro's exchange rate was "a source of uncertainty" that merited "monitoring". Consequently, euro zone bond yields - which move inversely to price - dropped 1-3 basis points across the board on Thursday.
Mayfield clearly isn't like Manziel. "They look good", Elway told reporters regarding the two quarterbacks. "But it's an honor". "Training is what it is, working hard to test well", said Mayfield after the North team's first practice.
Pakistan delegation was led by Foreign Secretary Tehmina Janjua and has offered a joint investigation into the terrorist attacks. Pakistan has urged Afghanistan to stop the blame game and asked for its co-operation in combating terrorism.
He predicts sales from cryptocurrency mining chips will account for less than 1% of Samsung's total revenue this year. Yes, this hardware will help you with mining for cryptocurrencies like Bitcoin and Ethereum .
A woman had her hair pulled, an elderly lady was thrown a box on her head, another woman had blood on her hand. Around 804 million pounds of Nutella are consumed every year in 160 countries around the world.
'Not a given' Carson Wentz is ready for next season
James Bradley, telling the Eagles that barring a setback, Wentz should be a participant at some point in training camp. Now he looks to ramp up his rehab in preparation for being under center when the Eagles open the 2018 season.
Aubameyang Scores As Arsenal Put Five Past Everton
Ramsey added a third with a deflected drive before Mkhitaryan fed Aubameyang , who converted coolly despite being offside. Arsenal should thrive with Mkhitaryan and Ozil pulling the strings behind the lethal Pierre-Emerick Aubameyang .
Dayton proclaims Black History Month in Minnesota
The UM Gospel Choir performs furing the university's Black History Month opening ceremony February 1 in Fulton Chapel. Thursday marked the start of Black History Month. "We want to make sure that theme weaves through what we're doing".
Justin Timberlake's man crush: Tom Brady
The Super Bowl tradition started in 1967, and it was typical for it to only feature a college marching band up until the 1980s. So, I'm excited to do that. "We're going to take it seriously that we want everyone to have a ton of fun", he said.
DMX sent to prison after positive drug test
DMX pleaded not guilty to the charges, which would have landed him a maximum of 44 years behind bars if convicted on all counts. Back in August 2017, the site reported that DMX had entered a rehab program while he was out on bail for tax evasion .
Kenya names opposition movement a criminal group
The results of the presidential elections of Kenya were nullified by the supreme court , even after Uhuru Kenyatta had a 98% win. Odinga said he felt vulnerable attending the "swearing-in" after his security was withdrawn.
WFAN Airing Special Following WWE Royal Rumble
This would also save the heels from taking a credibility killing loss, though obviously there are other ways to accomplish that. Aiden English is a former NXT Tag Team Champion and he's found a nice spot for himself as Rusev's "encouragement specialist".
Annual count of Upstate homeless scheduled for Wednesday night
Thursday, more than 80 volunteers bundled up and ventured out into the dark places of Oklahoma City that most citizens never see. She said the bags include basic necessities such as hygiene products, plastic baggies, flashlights, socks and mittens.