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Asian stocks dip as US political concerns grow

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

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SYDNEY/NEW YORK (Reuters) - Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the US election and as a deadline for Washington to pass an economic stimulus bill approached while Europe reported record daily coronavirus infections.. Read more at straitstimes.com.

SYDNEY/NEW YORK - Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the US election and as a deadline for Washington to pass an economic stimulus bill approached while Europe reported record daily coronavirus infections.

Chris Weston, the head of research at Melbourne brokerage Pepperstone, said while there were worries about the US stimulus package, recent declines were likely due to positioning ahead of the Nov 3 presidential election. Japan's Nikkei slipped 0.34 per cent. Hong Kong's Hang Seng index bucked the trend to rise 0.16 per cent. Singapore's Straits Times Index was trading 0.6 per cent lower.

More on this topic European shares closed lower as surging Covid-19 cases raised investor concerns. Parts of the UK were put into lockdown and France imposed curfews.

 

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 /  🏆 8. in KR

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Money FM Podcasts of the week: Dissecting Asian and US stocks ahead of the US election. Read more at straitstimes.com. Trump should not worry about the figures obtained by media from people on the street. Did the media ever visit homes to have an opinion?
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Asian stocks dip as US political concerns growAsian stocks came under pressure on Tuesday as a deadline for U.S. lawmakers to pass an economic stimulus bill approached and record daily ... Concerns that the end of their pillaging and corruption will soon be over?
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