Skip to Content

Asian markets mixed after Wall St decline, virus unease

Andrew Cuomo

By JOE McDONALD
AP Business Writer

BEIJING (AP) — Asian stock markets are mixed after a turbulent day on Wall Street as traders tried to forecast the impact of the coronavirus’s omicron variant. Shanghai and Tokyo fell while Hong Kong and Seoul advanced. Wall Street’s benchmark S&P 500 index ended down 1.2%. The was despite surveys showing U.S. hiring and factory activity in November were better than expected. The White House announced the discovery of the first omicron case in the United States. Governments have responded to the variant by tightening travel controls, fueling unease about the outlook for a global economic recovery.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content