Asian stocks slip after Wall Street tumbles on virus fears

A worker cleans up after traders on the floor of the New York Stock Exchange after the closing bell in New York, the US, on February 25 2020. Picture: REUTERS/LUCAS JACKSON

That led MSCI’s broadest index of Asia-Pacific shares outside Japan down 1.28%. Japan was among the worst-performing market in the region, weighed by growing concerns the virus could cancel the Tokyo Olympics. “What we are seeing is share markets are playing catch up,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

While the stock rout has been global, the recent pace of selling in Asia has not been as severe as it has on Wall Street, which has been hit hard by the escalation of virus cases outside Asia. Drastic travel restrictions slammed the brakes on China’s manufacturing and consumer spending, and there are worries other countries will face similar disruptions.

The decline in yields weighed on the dollar. The greenback was last quoted at ¥110.25, continuing a pullback from a 10-month high of ¥112.23.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Europe and US stocks plunge as virus fear grips marketsEurope suffers worst day since 2016, Wall Street dives about 3% and gold surges to highest since 2013
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »

Rand, stocks tumble as coronavirus adds to budget worriesAt 1530 GMT the was 1.02% weaker at 15.1650 per dollar.
แหล่ง: ewnupdates - 🏆 30. / 53 อ่านเพิ่มเติม »

Stocks plunge amidst fears that coronavirus could spread more quickly in countries outside of China - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Stocks in the United States have plunged dramatically amidst fears that the outbreak of coronavirus could spread more quickly in countries outside of China. Oh my Gud
แหล่ง: SABC News Online - 🏆 32. / 51 อ่านเพิ่มเติม »