(Bloomberg) — Asian stocks dropped and U.S. equity futures retreated as worries about a surge in virus cases in multiple U.S. states and some other countries saps appetite for riskier assets. The dollar extended gains.Japanese, Australian and Korean shares were all down more than 1%. China and Hong Kong are closed for holidays. Futures on the S&P 500 dipped, while Treasuries edged up. The risk-off moves followed daily records for new cases in Florida and California, with Texas also suffering. New York, New Jersey and Connecticut are requiring visitors from virus hot spots to self-quarantine. Australia recorded its largest spike …read more
Source:: Yahoo Finance
