Stocks in Asian and Pacific markets slumped solidly into negative territory Wednesday, taking their lead from Wall Street, where mixed corporate earnings reports gave investors pause.

In Tokyo, the Nikkei was down 6 percent in afternoon trading. In Australia, the All Ordinaries index also slipped, losing 3.1 percent.

South Korea's KOSPI stumbled even further, trading down more than 8 percent, while the Hang Seng index in Hong Kong was off 2.9 percent.

The Taiwan Weighted gave up 1.5 percent. In Singapore, the Straits Times index was off 3.6 percent.

In India, Mumbai's BSE SENSEX had given up nearly 3 percent of its value.
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