Asian stocks took a pounding. The Japanese Nikkei fell 2% and shares in Toyota Motor Corp (NYSE: TM) dropped 4.2%.
Hong Kong's Hang Seng dropped 3.2%. Shares of China Petroleum (NYSE: SNP) fell 8.1%.
The Shanghai Composite was off 4.9%.
Douglas A. McIntyre is an editor at 247wallst.com.
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