Japanese stocks tumbled 2% with New Zealand stocks down as well amid concerns over the spreading Coronavirus from China, with most indices closed for the Lunar New Year in Asia.
Japan's TOPEX fell 1.53% to 1,703.96, while Nikkei 225 dropped 1.91% to 23,372.06, as New Zealand's NZX 50 shed 0.44% to 11,825.62.