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SEOUL, South Korea (AP) -- Weakness in U.S. and Chinese manufacturing sent Asian stock markets sharply lower Tuesday.

The slide in Asian markets followed losses Monday in Europe and on Wall Street after sentiment was hurt by the weak data from the world's two biggest economies.

An official Chinese manufacturing survey that showed factory output grew at a slower rate in January compared with December. The report released on the weekend followed a HSBC survey that showed an outright contraction in manufacturing.

The sell-off in stock markets accelerated after an equivalent U.S. survey showed an unexpected drop in January. The ISM index fell to 51.2 points from 56.5 the previous month.

Analysts say that may be due to the extreme cold weather that hit the country, but is nevertheless disappointing for an economy that hopes to be rebounding.

Japan's Nikkei 225 stock average was down 2.5 percent at 14,253.23 and South Korea's Kospi shed 1.5 percent to 1,890.69.

Hong Kong's Hang Seng tumbled 2.3 percent to 21,524.89 on its first day of trading following a 4-day weekend for Lunar New Year. Markets in China and Taiwan were closed. Australia's S&P/ASX 200 dropped 1.4 percent to 5,114.30.

In energy markets, benchmark U.S. crude for March delivery was up 22 cents at $96.65 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell $1.06 to close at $96.43 on Monday.

The euro fell to $1.3510 from $1.3523 late Monday. The dollar rose to 101.27 yen from 101.14 yen.

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