Most Asian shares slipped Friday as the spread of the delta Covid-19 variant and China’s regulatory curbs restrained sentiment despite another record high close on Wall Street.
The technology sector led losses on a slide in Chinese Internet giants and a retreat in chipmakers that hurt South Korean equities. U.S. equity futures were steady after the S&P 500 hit a fresh peak and the tech-heavy Nasdaq 100 rose. Airbnb Inc. slid in extended trading on a tough outlook due to the virus, while a surge in streaming demand boosted Walt Disney Co. U.S. Treasury 10-year yields were near a one-month high following a tepid 30-year auction and data highlighting price pressures and a recovery in the labor market. A gauge of the dollar held an advance.
The focus in China remains on Beijing’s push to exert more control over a range of industries. In real estate, the nation is suspendingprivate equity funds from raising money to invest in residential property development. Separately, a partial shutdown of a major Chinese port due to a virus outbreak stoked concerns about a repeatof last year’s pandemic shipping woes.
US After Hours ZIP +12.6%, RKT +5.5%, DIS +5.4% higher on earnings; WISH -19.8%, SOFI -9.8%, ABNB -4.7%, DASH -3.8% fall on earnings
Nikkei +0,02% Hang Seng -0.90% CSI -0.53% Shanghai -0.43% Shenzen -0.61%
Eur$ 1.1737 CNH 6.4794 CNY 6.4779 JPY 110.41 GBP 1.3810 CHF 0.9233 RUB 73.6164 TRY 8.57 WTI$ 68.29 -1.14% Gold 1756.5 +0.20% BTC 45,350 +870 ETH 3140 +72
S&P -0.02% Nasdaq -0.07% EuroStoxx -0.04% FTSE +0.11% Dax +0.02% SMI
Macro :
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