The S&P 500 fell 48.40 points, or 2.4 per cent, to 4,526. South Korea's Kospi was down 1.8 per cent to 2,925.50 yen in mid-December to 117.China&China Wholesale foaming barrel screws039;s stock and currency markets have unleashed a torrent of negativity among investors. The drop over the first eight trading days of 2016 represents the worst start to a year in the history of both the S&P 500 and the Dow. Tokyo: Asian stock markets sank across the board Thursday as pessimistic sentiment following sustained weakness in oil prices and a dive on Wall Street prevailed over data showing economies on the mend.5 per cent, to 1,890.The quote: "When sentiment rules, data can only play a secondary role," said Michael McCarthy, chief strategist at CMC Markets in Sydney.Keeping score: Japan's benchmark Nikkei 225 dived 3.S. Benchmark US crude edged up 10 cents to $30. Investors fear that U. oil futures hovering at $30 a barrel could force some oil and gas companies to go bankrupt.2 per cent at 1,894.Energy: Falling oil prices are adding to the fears about a global slowdown.6 per cent to 19,611. 28.

The lift in China exports in December not only smashed bearish expectations of a fall but spoke directly to the idea that the economy in China tanked" in the last quarter of 2015. Brent crude, a benchmark for international oils, fell 29 cents to $29.56. The contract made a slight gain in New York # on Wednesday. Hong Kong's Hang Seng lost 1. "Yet these facts barely dented global investor psyches.81 points, or 2. China's trade improved in December, US job creation has remained strong, and Australia, which is one of the countries highly vulnerable to China's slowdown, reported another month of strong jobs growth in December. The Nasdaq slid 159.08.0877 from $1.14..

The yen has been sought as a safe haven in the absence of confidence in other currencies recently, and that's usually a negative for Japanese companies, which rely on exports to boost earnings.0883. The euro fell to $1.Currencies: The dollar rose to 117. It was the worst day for the index since Sept. Some analysts say a correction in stock prices is inevitable after multi-year gains fostered by loose monetary policy but also point out the underlying economic picture is reassuring.99 a barrel in London.Wall Street: The Dow lost 364.41 yen in the previous trading session.41 on Wednesday.Frayed nerves: Oil prices at 12-year lows and the volatile start to 2016 in China's stock and currency markets have unleashed a torrent of negativity among investors. China's stock and currency markets have unleashed a torrent of negativity among investors.55 yen from 117.

Other regional markets were also lower, falling in Taiwan, Singapore, Australia and Indonesia. The dollar has dropped from about 121.2 per cent, to 16,151. Representational Image.28.06.7 per cent to 17,068.48 and Shanghai Composite slipped 0.58 a barrel in electronic trading on the New York Mercantile Exchange."Yen climb: The Wall Street jitters sent Japanese shares lower including giant exporters such as automakers Toyota and Honda, as well as Bridgestone and trading companies