The sell-off in the US stock market may spread to Asia, with the Nikkei briefly falling over 2%. The Korean won strengthened by 1% after the speech by the South Korean finance minister
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After the U.S. government restarted the digestion of favorable policies, the market focus shifted to economic data and Federal Reserve policies. In early trading on Friday, major Asian stock markets were generally under pressure. The Nikkei 225 index saw its decline widen to 2%, with technology investment giant SoftBank Group leading the drop, with its stock price plummeting by 9%. The Seoul Composite Index opened down 2.6%, while S&P 500 index futures rebounded slightly by 0.16%
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