Asian stocks fall as virus worries return to haunt markets [Reuters]
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Source: Reuters
Asian stocks fall as virus worries return to haunt markets By Stanley White 4 Min Read TOKYO (Reuters) - Asian shares and U.S. stock futures fell on Wednesday as concern about a resurgence of coronavirus cases in some countries cast doubt on the strength of global growth and demand for crude oil. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6%. Australian stocks dropped 1.25% and shares in China were down 0.46%. Stocks in Tokyo slumped by 1.79% due the growing likelihood that Tokyo, Osaka and surrounding areas will be put on lockdown due to a new wave of coronavirus infections. S&P 500 e-mini stock futures also fell 0.18%. Crude futures extended declines from a one-month high in Asian trading on speculation that coronavirus restrictions in India, the world’s third-largest oil importer, will hurt energy demand. Recent optimism about rising vaccination rates in the United States, Britain, and Europe is shifting to concern that record coronavirus infections in India
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