Eurostoxx futures -3.7% in early European trading
- German DAX futures -4.4%
- French CAC 40 futures -2.6%
- UK FTSE futures -2.3%
S&P 500 futures are down 3.3% with tech shares leading the downside. Nasdaq futures are seen down 4.4% currently. That said, these losses in US futures aren't as bad as what they were at the open in Asia earlier. But for Asian indices themselves, it's a bloodbath out there as seen here. The Hang Seng itself is now testing a 12% decline on the day. Savage.