Asian stocks fall amid unease about vaccine development
4 years, 1 month ago

Asian stocks fall amid unease about vaccine development

Associated Press  

BEIJING — Asian stock markets declined Friday as questions about the effectiveness of one possible coronavirus vaccine weighed on investor optimism. Investors are looking forward to a possible vaccine to control the coronavirus following the deepest economic slump since the 1930s, though forecasters warn the stock market rebound might be too early to be sustained. Markets are uneasy about U.S. data showing consumer spending weakening and job losses rising. In energy markets, benchmark U.S. crude lost 67 cents to $45.04 per barrel in electronic trading on the New York Mercantile Exchange.

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