Asia Stocks Fall as U.S. Indexes Slip From Record: Markets Wrap
Bloomberg
1 hr ago
Andreea Papuc and Emily Barrett
(Bloomberg) -- Asia stocks fell in early trade Tuesday after weakness in the technology sector pulled U.S. indexes from all-time peaks, with investors weighing corporate earnings and recent spikes in virus cases. The yen hit its strongest levels since early March.
Shares opened lower in China and Hong Kong and Japan led declines across the region. U.S. contracts edged higher, after the tech-heavy Nasdaq 100 Index underperformed in the U.S. session, while the S&P 500 Index also fell. Tesla Inc. slumped after concerns about a fatal crash of one of its electric vehicles, which appeared to have no driver.