Asian shares hit by surging coronavirus cases, U.S. stimulus woes
Asian shares markets fell on Tuesday as soaring global coronavirus cases and slow progress on a U.S. stimulus deal hammered investor sentiment and took a toll on Wall Street.
- S&P 500 futures rose 0.3% as of 7:01 a.m. in Tokyo. The S&P 500 Index decreased 1.9%.
- Topix index fell 0.1%.
- Australia’s S&P/ASX 200 Index dropped 1.7%.
- South Korea’s Kospi index fell 0.6%.
- Hang Seng Index fell 0.5%.
- Shanghai Composite Index rose 0.1%.
- Euro Stoxx 50 futures rose 0.3%.
- The yen was up 0.1% to 104.77 per dollar.
- The offshore yuan traded little changed at 6.6950 per dollar.
- The euro rose 0.2% to $1.1829.
- The British pound was up 0.1% to $1.3031.
- The yield on 10-year Treasuries was steady around 0.80%.
- Australia’s 10-year bond yield held at 0.80%.
- West Texas Intermediate crude rose 1.1% to $38.98 a barrel.
- Gold added 0.3% to $1,908 an ounce.