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Asian stocks follow Wall St lower on economy fears

A trader works on the floor at the New York Stock Exchange in New York, Thursday, June 16, 2022. Markets worldwide are back to tumbling on Thursday as worries about a fragile economy roar back to the fore. The S&P 500 was 3.9% lower in afternoon trading, more than reversing its blip of a 1.5% rally from a day before. (AP Photo/Seth Wenig) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 17, 2022. Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will depress global economic activity. (AP Photo/Ahn Young-joon) A currency trader gestures in front of the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the exchange rate of South Korean won against the U.S. dollar at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 17, 2022. Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will depress global economic activity. (AP Photo/Ahn Young-joon) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 17, 2022. Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will depress global economic activity. (AP Photo/Ahn Young-joon) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 17, 2022. Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will depress global economic activity. (AP Photo/Ahn Young-joon) Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 17, 2022. Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will depress global economic activity. (AP Photo/Ahn Young-joon) Traders work on the floor at the New York Stock Exchange in New York, Thursday, June 16, 2022. Markets worldwide are back to tumbling on Thursday as worries about a fragile economy roar back to the fore. The S&P 500 was 3.9% lower in afternoon trading, more than reversing its blip of a 1.5% rally from a day before. (AP Photo/Seth Wenig)