Asian Stock Market falls on Friday as Wall Street has it worst day since June

Asian Stock Market fell on Friday as Wall Street has it the worst day since June in Friday trade also investors’ buoyancy faltered after a spate of record highs.

Shares in Asian Stock Market fell across the region Friday, with Tokyo’s Nikkei 225 shedding 1.1%.

There was little going on regionally to alter the market’s trajectory after the U.S. benchmark S&P 500 gave up 3.5%, its biggest loss in three months.

Whereas the Nasdaq fell 5% as high-flying technology companies took a tumble after months of spectacular gains.

The Nikkei 225 shed 255.04 points to 23,210.49 while the Hang Seng in Hong Kong lost 1.9% to 24,528.82.

Australia’s S&P/ASX 200 gave up 2.6% to 5,952.70 and the Shanghai Composite index slipped 1.2% to 3,344.38.

Wall Street’s unloading of technology shares on Thursday ended with Apple plunging 8%. Amazon lost 4.6% and Facebook gave back 3.8%.

Investors worried the fall might turn into a deeper rout, with a crucial U.S. payrolls report due later on Friday seen as a possible selling trigger if it disappoints.

The euro has steadied after several days of selling and held at $1.1850.

Bonds held gains with the yield on benchmark 10-year U.S. debt at 0.6364%, down from a 2-1/2 month peak of 0.7890% touched in late August.