Asian Stocks Down, the Outbreak of COVID-19 Delta Variant Weighs on Economy


Source: upnewsinfo.com upnewsinfo.com

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© Reuters. By Doris Yu Investing.com – Asia Pacific stocks were mostly down Wednesday morning as investors are concerned about the economic outlook and the spread of the COVID-19 delta variant. The benchmark 10-year U.S. Treasury yields hit February lows after data released on Tuesday said the in June was 60.1, below the 63.5 figure in forecasts prepared by Investing.com. Japan’s fell 0.9% by 10:09 PM ET (2:09 AM GMT). South Korea’s slid 0.56%. The country reported over 1,200 new COVID-19 cases in the past 24 hours on Wednesday, the highest daily count since late December 2020. In Australia, the...