(Bloomberg) — Asian stocks dropped Thursday after shares tumbled in the U.S. and Europe, as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic. U.S. futures rebounded from the worst of the overnight declines.Losses were more modest across Asia than in the American session, with shares in South Korea and Australia faring worst, while Japan erased earlier declines. S&P 500 contracts climbed about 1% after the benchmark lost 3.5% Wednesday — its biggest drop since June. The dollar gave back some of its overnight advance and 10-year Treasury yields held at 0.78%. Oil …read more
Source:: Yahoo Finance
