3pm Markets Update

Updated / Wednesday, 15 Aug 2018 14:55

Stock markets - the latest movements

US stock index have opened lower today, with investors weighing the impact of Turkey's currency crisis as well as the escalating tariff tensions between the United States and its trading partners.

Shortly before 3pm the Dow Jones 0.8% lower at 25,097, while the Nasdaq had fallen 0.81% to 7,806.

European shares are also lower today.

In London the FTSE is down 1.13% to 7,525, while the major euro zone markets have also dropped.

The CAC in Paris has fallen 1.16% to 5,340, and in Frankfurt the DAX is down 1.29% to 12,200.

In Dublin the ISEQ has fallen 0.88% to 6,635. Ryanair and Dalata are among the best performers, while Malin Corp and Datalex have both fallen.

Earlier in Asia, Hong Kong stocks closed lower for the third day in a row as investors were kept on edge by the Turkish financial crisis, which has spooked major Asian markets in recent days.

The Hang Seng index ended the day down 1.55% at 27,323.

The benchmark Shanghai Composite Index dropped 2.07% to 2,723, and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 2.12.

Meanwhile, in Tokyo the benchmark Nikkei 225 index, which jumped more than 2% yesterday, lost 0.68% to 22,204.