World Shares Lower, Led by 3.7 Percent Drop in Hong Kong

A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo on Oct. 28, 2022. Eugene Hoshiko/AP Photo

Shares skidded Friday in Europe and Asia, with heavy selling of technology shares pulling Hong Kong’s benchmark 3.7 percent lower.

Germany’s DAX dropped 0.9 percent to 13,090.91 and the CAC40 in Paris lost 0.6 percent to 6,205.73. Britain’s FTSE 100 shed 0.6 percent to 7,029.81. The future for the S&P 500 was down 0.8 percent while that for the Dow Jones Industrial Average fell 0.2 percent.