Monday, 21 September 2015

Asian stocks fall on the back of weak US lead

Asian stocks declined early Monday, tracking an uninspiring lead from Wall Street, as the Federal Reserve's decision to keep interest rates near zero stoked concerns about global growth. 
Major US averages finished sharply lower last Friday, with the Dow Jones Industrial Average closing down 1.7 percent. 
The S&P 500 and tech-heavy Nasdaq Composite lost 1.6 and 1.4 percent respectively.
 Attention may also turn to Greece, where Prime Minister-elect Alexis Tsipras claimed victory in the country's general elections on Sunday and will return to power in a coalition government with the right-wing Independent Greeks.

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