Asian shares decline following lackluster day on Wall Street
Published Tue Dec 15 2020 07:33:27 GMT+0000 (Coordinated Universal Time)
Asian shares are lower after a lackluster day on Wall Street as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic. Japan's benchmark Nikkei 225 fell Tuesday after Prime Minister Yoshihide Suga announced a suspension of a travel promotion program that has helped businesses but also is thought to have helped spark a resurgence of coronavirus outbreaks. Overnight, the S&P 500 slipped 0.4% after gaining as much as 0.9% earlier. The index is coming off its worst weekly performance since Halloween, and extended its losing streak to four consecutive trading days. Treasury yields rose.
Asian shares are lower after a lackluster day on Wall Street as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic. Japan's benchmark Nikkei 225 fell Tuesday after Prime Minister Yoshihide Suga announced a suspension of a travel promotion program that has helped businesses but also is thought to have helped spark a resurgence of coronavirus outbreaks. Overnight, the S&P 500 slipped 0.4% after gaining as much as 0.9% earlier. The index is coming off its worst weekly performance since Halloween, and extended its losing streak to four consecutive trading days. Treasury yields rose.
