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Stocks drop as US states roll back economic reopening plans
Global stocks went into retreat following a sharp reversal on Wall Street, as concerns mounted over the rollback of reopening measures in the US and investors braced for a brutal quarterly results season. Japan’s Topix index and Australia’s S&P/ASX 200 were down 0.7 per cent on Tuesday afternoon in Asia, while Hong Kong’s Hang Seng fell 1.7 per cent and China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks shed 1.2 per cent. The declines came after a volatile session in New York, where the S&P 500 gave up initial gains to end almost 1 per cent lower after briefly crossing into positive territory for the year, and the Nasdaq fell 2.1 per cent.
https://finance.yahoo.com/m/ade9ceb.../stocks-drop-as-us-states-roll.html?.tsrc=rss
Global stocks went into retreat following a sharp reversal on Wall Street, as concerns mounted over the rollback of reopening measures in the US and investors braced for a brutal quarterly results season. Japan’s Topix index and Australia’s S&P/ASX 200 were down 0.7 per cent on Tuesday afternoon in Asia, while Hong Kong’s Hang Seng fell 1.7 per cent and China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks shed 1.2 per cent. The declines came after a volatile session in New York, where the S&P 500 gave up initial gains to end almost 1 per cent lower after briefly crossing into positive territory for the year, and the Nasdaq fell 2.1 per cent.
https://finance.yahoo.com/m/ade9ceb.../stocks-drop-as-us-states-roll.html?.tsrc=rss
