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That's quite significant that's the biggest loss for six years and marks the largest intra day decline of all time in asian markets picked up the sentiment in tokyo the nikkei closed four point seven percent down on saying it. down five point one percent and shanghai is three point four percent in the red now what's caused this selloff in the u.s. as a combination of factors at play wages have risen stronger than expected stoking fears of rising inflation that will drive interest rates up and it was cheap money that has been driving the stock market rally of recent years also a rise in rates m...

Of shocks but after a rally that has been going on for many months monday was a busy day of reckoning on u.s. markets let's have a closer look the dow jones industrial average tumbled four point six percent is the biggest loss for six years and marks the largest intra day decline of all time in asian markets picked up the sentiment in tokyo the nikkei closed down four point seven percent hong kong minus five point one and shanghai's s.s.i. was three point four in the red now what caused this sell off in the u.s. as a combination of factors at play wages have risen stronger than expected stokin...