Asia Stocks Fall on Growth Concerns, China Selloff: Markets Wrap
- Date: 20-Aug-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Asia Stocks Fall on Growth Concerns, China Selloff: Markets Wrap
(Bloomberg) -- Asian stocks fell Friday as the fast-spreading delta virus strain stoked concerns about economic growth and China’s regulatory curbs sapped sentiment. The dollar was firm and commodities mostly held a decline.
Shares retreated in Japan, Hong Kong and China, where Beijing is continuing its crackdown on private industry. U.S. equity futures fluctuated after modest S&P 500 and Nasdaq 100 gains during a choppy overnight session. Treasuries held a climb and the dollar was around a nine-month high.