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Asian markets fall further as new strain clouds near-term outlook

Asian markets fall further as new strain clouds near-term outlook
Published On
The mutated virus is said to be 70 percent more transmissible
HONG KONG (AFP) - Concerns about soaring virus cases and new lockdowns pushed equities down again Tuesday, while fears over a new strain in Britain and stuttering Brexit trade talks were keeping the pound under pressure.
The mutated virus, which is said to be 70 percent more transmissible, has forced numerous countries around the world to shut their borders to the UK and has overshadowed the rollout of vaccines and news that US lawmakers had agreed a new stimulus. ....

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Asian Markets Fall Further As New Virus Strain Clouds Near-term Outlook

Asian Markets Fall Further As New Virus Strain Clouds Near-term Outlook
By
AFP News
on December 22 2020 7:31 PM
Concerns about soaring virus cases and new lockdowns sent equities and oil tumbling again Tuesday, while fears over a new strain in Britain and stuttering Brexit trade talks kept the pound under pressure.
The mutated virus, which is said to be 70 percent more transmissible, has forced numerous countries around the world to shut their borders to the UK and has overshadowed the rollout of vaccines and news that US lawmakers had agreed a new stimulus.
Analysts said investors were taking the opportunity to cash in recent gains as they wound down for the festive break, with most saying 2021 will see a surge across markets as the economy opens up after people are inoculated. ....

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Asia: Markets fall further as new strain clouds near-term outlook

Asia: Markets fall further as new strain clouds near-term outlook
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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Stock market down again; MerryMart falls

Stock market down again; MerryMart falls
manilastandardtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilastandardtoday.com Daily Mail and Mail on Sunday newspapers.

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Asian Stocks Slip on Virus Concerns; Dollar Steady: Markets Wrap

Stocks Extend Slide Amid Lingering Virus Concern: Markets Wrap
Bloomberg
12/22/2020
Kamaron Leach and Cecile Gutscher
(Bloomberg) U.S. stocks fell for a third day as optimism over a Covid-19 relief bill was tempered by the emergence of a new variant of the virus and a slew of lockdowns and travel curbs to contain it. The dollar advanced and Treasuries gained.
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The benchmark S&P 500 fluctuated between gains and losses before closing lower, with consumer services and energy the biggest sector decliners. The Nasdaq Composite and Russell 2000 set record highs in what is a holiday shortened week. U.S. lawmakers cleared a $2.3 trillion year-end spending bill and stimulus package. President-elect Joe Biden warned the “darkest days” of the pandemic were still to come and called on Congress to be ready early next year to produce another stimulus package. ....

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