Asian stocks dip to one-week lows as infection fears curb vaccine optimism

Asian stocks retreated on Tuesday as worries about increasing COVID-19 deaths and lockdowns overshadowed optimism about the roll-out of coronavirus vaccinations, just days after indexes hit record highs.

Stocks

  • S&P 500 futures rose 0.2% as of 7 a.m. in London. The S&P 500 Index fell 0.4% Monday.
  • Japan’s Topix Index fell 0.5%.
  • S&P/ASX 200 Index shed 0.4%.
  • Kospi Index fell 0.2%.
  • Hang Seng Index dipped 0.6%.
  • Shanghai Composite Index declined 0.1%.

Currencies

  • The euro was at $1.2147.
  • The Japanese yen was at 104.05 per dollar.
  • The British pound rose 0.1% to $1.3343.

Bonds

  • The yield on 10-year Treasuries was at 0.89%.

Commodities

  • West Texas Intermediate crude fell 0.5% to $46.75 a barrel.
  • Gold added 0.7% to $1,840 an ounce.

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