Asian shares close the week with losses amid coronavirus fears
Asian shares fought to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases, mounting deaths, flight suspensions and production pauses at factories.
- Futures on the S&P 500 Index declined 0.3% as of 9:15 a.m. London time.
- Nasdaq 100 Index futures fell 0.4%.
- The Stoxx Europe 600 Index climbed 0.1%.
- Germany’s DAX Index increased 0.1%.
- The British pound jumped 0.3% to $1.3137.
- The euro was steady at $1.1027.
- The Japanese yen was little changed at 109.01 per dollar.
- The yield on 10-year Treasuries sank two basis points to 1.57%.
- The yield on two-year Treasuries declined one basis point to 1.40%.
- Britain’s 10-year yield increased one basis point to 0.551%.
- Germany’s 10-year yield was unchanged at -0.41%.
- West Texas Intermediate crude gained 1% to $52.68 a barrel.
- Gold strengthened 0.3% to $1,578.64 an ounce.
- Soybeans rose 0.3% to $8.79 a bushel.