Stocks down on fresh lockdown worries, banking sell-off; dollar rises

HONG KONG/NEW YORK: Asian shares extended losses for the second day on Tuesday while the dollar rose, as possible delays in expanded U.S. stimulus and concerns about fresh pandemic lockdowns in Europe knocked investor sentiment.

Overnight on Wall Street, the Dow Jones Industrial Average fell 1.84per cent, the S&P 500 lost 1.16per cent, and the Nasdaq Composite dropped 0.13per cent. "The question is whether or not the residue of that impacts the performance of regional financials," said CommSec market analyst Tom Piotrowski in Sydney.New pandemic measures in the UK set off declines in airline, hotel and cruise companies in both European and U.S. markets, spurring fears about further restrictions.

The death of U.S. Supreme Court Justice Ruth Bader Ginsburg appeared to make the passage of another stimulus package in Congress less likely before the Nov. 3 presidential election, sparking large declines in the healthcare sector.

News piece framing is that NYPD officer agent of Chinese govt, but he is also in US Army Reserve, so China's getting a twofer. 🤬

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Asian stocks fall on concerns about fresh lockdowns, banking sectorAsian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Norway wealth fund should invest more in US stocks, less in Europe, government saysNorway's US$1.15 trillion sovereign wealth fund should shift more assets into the United States and Canada, while cutting its holdings in Europe, ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Norway wealth fund may move US$50 billion into US stocks from EuropeNorway's US$1.15 trillion sovereign wealth fund should shift more assets into the United States and Canada, while cutting its holdings in Europe, ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Asia stocks fall on concerns about fresh lockdowns, banking sectorTOKYO (REUTERS) - Asian shares opened weaker on Tuesday (Sept 22) on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks.. Read more at straitstimes.com. Markets aren't even open yet :)
Källa: The Straits Times - 🏆 8. / 63 Läs mer »