The Nikkei Is Plunging

The Nikkei is plunging, and is down 3.3% to a new 2.5-month low.

This comes after the Fed announced that it would taper its asset purchase program by another $10 billion a month, to $65 billion.

This saw the yen strengthen against the greenback.

But it isn't just the Nikkei that's struggling.

Australia's S&P/ASX 200 is down 0.9%

Hong Kong's Hang Seng is down 1.4%.