Nikkei, Kospi Falls 2%; Asia-Pacific Markets Drop at Open as Negative Sentiment Remains
The offshore Chinese yuan weakened to 7.1475 per dollar.Australia's dollar, meanwhile, strengthened slightly to $0.6532.Heading into the final week of trading for September, the Dow and S&P 500 are each down about 6% for the month, while the Nasdaq has lost 8%.
Both the Dow and S&P are now sitting 1.2% and 1.6%, respectively, above their lows from mid-June. The Nasdaq is 2.9% above its low.
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