News Snapshot:
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 U.S. Institute of Supply Management (ISM) non-manufacturing purchasing managers index (PMI) in June was 60.1, below the 63.5 figure in forecasts prepared by Investing.com. Japan’s Nikkei 225 fell 0.9% by 10:09 PM ET (2:09 AM GMT). South Korea’s KOSPI slid 0.56%. The country reported over 1,200 new COVID-19 cases in the past 24 hours on...
