Asian stocks tumbled Monday, as investors reacted to comments last week from a Fed official, who caught markets off guard by saying that interest rates could rise soon. Questions over the health of presidential candidate Hillary Clinton also cast a shadow after she was diagnosed with pneumonia during the weekend. (Vincent Yu/Associated Press)LONDON — Global stock markets tumbled Monday as investors fretted over the possibility of an imminent U.S. interest rate hike and reacted to the weekend health problems of presidential candidate Hillary Clinton. The Fed, which last raised rates at the end of 2015, is due to meet next Sept. 20-21. Hong Kong’s Hang Seng shed 3.4 percent to 23,290.60 and the Shanghai Composite Index fell 1.8 percent to 3,021.98.

Source: Washington Post September 12, 2016 03:01 UTC