Saturday, April 10, 2021
NEWS ZHIT
  • Home
  • World
  • Business
  • Politics
  • Health
  • Finance
  • Economics
  • Sports
  • Science & Technology
  • Entertainment
  • Fashion
  • Travel
No Result
View All Result
  • Home
  • World
  • Business
  • Politics
  • Health
  • Finance
  • Economics
  • Sports
  • Science & Technology
  • Entertainment
  • Fashion
  • Travel
No Result
View All Result
News Zhit
No Result
View All Result
Home Travel

Asian shares extend losses on worries about spread of virus

newsz by newsz
December 22, 2020
in Travel
0
Asian shares extend losses on worries about spread of virus
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Asian shares have declined, extending losses on rising worries over a brand new, probably extra infectious pressure of the coronavirus that has nations world wide limiting journey from the UK

By ELAINE KURTENBACH AP Enterprise Author

December 22, 2020, 3:14 AM

• 4 min learn

NEW YORK — Asian shares retreated on Tuesday, extending losses on rising worries over a brand new, probably extra infectious pressure of the coronavirus.

The outbreaks are elevating worries that the world economic system might take even worse punishment.

Tokyo’s Nikkei 225 fell 0.5% to 26,595.52. In Hong Kong the Hold Seng edged 0.2% decrease to 26,262.02. South Korea’s Kospi declined 0.6% to 2,760.93. In Australia, the S&P/ASX 200 gave up 0.7% to six,626.70. The Shanghai Composite index shed 0.4% to three,406.30.

With new uncertainties, “traders seem like treading extra cautiously in Asia this morning, getting extra selective and possibly ready for the brand new mutant virus to be higher understood earlier than aggressively diving again into the Airways, Journey & Leisure vaccinated bandwagon,” Stephen Innes of Axi stated in a commentary.

Shares, oil costs and Treasury yields fell on Monday, an indication traders are uneasy in regards to the economic system.

Information of the brand new and probably extra infectious pressure of the coronavirus has nations world wide limiting journey from the UK. That has merchants nervous in regards to the attainable financial penalties ought to it unfold to different nations or show proof against vaccines being distributed now.

U.Ok. Prime Minister Boris Johnson put London and the southeast of England in a brand new stage of restrictions after scientific advisers warned that they had detected the brand new variant of the coronavirus. There is no such thing as a proof that the brand new pressure’s mutations make it extra lethal, however it appears to contaminate extra simply than others.

The S&P 500 fell 1.4% to three,694.92. The Dow Jones Industrial Common rose 0.1% to 30,216.45. The Nasdaq composite slipped 0.1% to 12,742.52. The Russell 2000 small-cap index gained 0.1% to 1,970.33.

Encouraging information out of Washington helped maintain the promoting in test. Congress lastly permitted a $900 billion reduction effort for the economic system that features $600 in money funds for many People, additional advantages for laid-off staff and different monetary help.

Economists and traders have been clamoring for such assist for months, and a current upswing in momentum for talks had inventory costs rising in anticipation of a deal. Analysts stated some merchants might have been promoting to lock in earnings, with the compromise all however assured and costs near the very best they’ve ever been. Even after Monday’s drop, the S&P 500 is again solely to the place it was earlier this month.

Throughout the Atlantic, negotiators blew previous a Sunday deadline set for talks on commerce phrases for the United Kingdom’s exit from the European Union. Traders have been fastened on the progress of these talks as a result of a Brexit with no deal may trigger huge disruptions for companies on New 12 months’s Day.

Monday was additionally the primary day of buying and selling for Tesla since becoming a member of the S&P 500 index. The electrical-vehicle maker surged a lot this yr, practically 731% as of Friday night, that some critics say its value doesn’t make sense. However its inclusion within the benchmark index triggered $90.3 billion in trades, as the corporate immediately grew to become the sixth-biggest within the S&P 500. Tesla slumped 6.5% Monday.

The yield on the 10-year Treasury held regular at 0.93%.

Benchmark U.S. crude oil misplaced 27 cents to $47.70 per barrel in digital buying and selling on the New York Mercantile Change. It gave up $1.27 on Monday to $47.97 per barrel.

Brent crude, the worldwide commonplace, slipped 23 cents to $50.68 per barrel.

The greenback rose to 103.41 Japanese yen from 103.31 yen on Monday. The euro fell to $1.2232 from $1.2243.

———

AP Enterprise Writers Stan Choe and Alex Veiga contributed.



Source link

Tags: AsianextendlossesSharesspreadvirusworries
newsz

newsz

Related Posts

NY loosens rules for vaccinated people
Travel

NY loosens rules for vaccinated people

March 3, 2021
TSA prepares for spring breakers traveling despite COVID-19 pandemic – FOX23 News
Travel

TSA prepares for spring breakers traveling despite COVID-19 pandemic – FOX23 News

March 3, 2021
Mixed response to Budget from UK travel sector | News
Travel

Mixed response to Budget from UK travel sector | News

March 3, 2021
Next Post
Boise State, American Athletic Conference evaluating Broncos joining league as 12th football member

Boise State, American Athletic Conference evaluating Broncos joining league as 12th football member

PM to deliver inaugural address at India International Science Festival today-ANI

PM to deliver inaugural address at India International Science Festival today-ANI

In Georgia, Warnock brings faith and activism to politics | Elections

In Georgia, Warnock brings faith and activism to politics | Elections

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Antenna Element Market to Develop New Growth Story

5G Antenna Element, Market Forecast 2020-2026, Latest Trends and Opportunities| Shenzhen FRD Science & Technology Co., Ltd., Huawei – LionLowdown

3 months ago
‘Yoga pants for the win,’ LSU researchers study fashion clothing consumption during COVID-19 | Local News Stories

‘Yoga pants for the win,’ LSU researchers study fashion clothing consumption during COVID-19 | Local News Stories

4 months ago
Mission Control Partners with Axiom Research Labs

Mission Control Partners with Axiom Research Labs

4 months ago
Optoelectronic devices that emit warm and cool white light

Optoelectronic devices that emit warm and cool white light

4 months ago

Categories

  • Business
  • Economics
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Politics
  • Science & Technology
  • Sports
  • Travel
  • World

Topics

announces BBC Biden business businesses City Coronavirus County COVID COVID19 economic Entertainment Fashion finance financial Global health high Jobs latest LIVE Local Million National News pandemic Political Politics recovery Report school Science small Sports state Stories technology Top Travel Trump UPDATES vaccine Week world Year
No Result
View All Result

Highlights

Resolution to close Playa del Rey gas facility advanced by LA City Council committee – Daily News

John Cox Named Chief Growth Officer at SprintRay

Changes To March-In Rights Under Bayh-Dole And More? | Goodwin

New Science Indicates Mars’ Water Didn’t Escape to Space – It’s Trapped in the Red Planet’s Crust

CO2 electrotransformation into value-added chemicals in ionic liquid-based electrolytes

A Harvard Astronomer Said It’s Alien Technology – Now Scientists Think They Found the True Origin of Strange Interstellar Object

Trending

Glass crystallization making red phosphor for high-power warm white lighting
Science & Technology

Glass crystallization making red phosphor for high-power warm white lighting

by newsz
March 18, 2021
0

IMAGE: (a), MgO-Al2O3-SiO2 ternary glass section diagram, exhibiting the glass chemical composition situates at cordierite (chemical components...

Cummings says Covid response held back by EU and ‘smoking ruin’ department

Cummings says Covid response held back by EU and ‘smoking ruin’ department

March 18, 2021
Resolution to close Playa del Rey gas facility advanced by LA City Council committee – Daily News

Resolution to close Playa del Rey gas facility advanced by LA City Council committee – Press Telegram

March 18, 2021
Resolution to close Playa del Rey gas facility advanced by LA City Council committee – Daily News

Resolution to close Playa del Rey gas facility advanced by LA City Council committee – Daily News

March 18, 2021
John Cox Named Chief Growth Officer at SprintRay

John Cox Named Chief Growth Officer at SprintRay

March 18, 2021

Recent News

Glass crystallization making red phosphor for high-power warm white lighting

Glass crystallization making red phosphor for high-power warm white lighting

March 18, 2021
Cummings says Covid response held back by EU and ‘smoking ruin’ department

Cummings says Covid response held back by EU and ‘smoking ruin’ department

March 18, 2021
Resolution to close Playa del Rey gas facility advanced by LA City Council committee – Daily News

Resolution to close Playa del Rey gas facility advanced by LA City Council committee – Press Telegram

March 18, 2021

Category

  • Business
  • Economics
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Politics
  • Science & Technology
  • Sports
  • Travel
  • World

Follow Us

Contact Us

  • About Us
  • Contact Us
  • Privacy & Policy
  • Cookie Policy
  • Amazon Disclosure

© 2020 News Zhit

No Result
View All Result
  • Home
  • World
  • Business
  • Politics
  • Health
  • Finance
  • Economics
  • Sports
  • Science & Technology
  • Entertainment
  • Fashion
  • Travel

© 2020 News Zhit