Asian Markets Fall

Tuesday 1441/11/16 - 2020/07/07
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Tokyo, July 7, 2020, SPA -- Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high.
Japan's benchmark Nikkei 225 dropped 0.4% to finish at 22,614.69 and South Korea's Kospi lost early gains to decline nearly 1.0% to 2,166.73. Australia's S&P/ASX 200 was little changed, edging less than 0.1% lower to 6,012.90. Hong Kong's Hang Seng shed 0.7% to 26,161.15, while the Shanghai Composite gained 1.2% to 3,373.22, AP reported.
Benchmark U.S. crude oil lost 57 cents to $40.06 a barrel. It fell 2 cents to $40.63 a barrel Monday. Brent crude oil for September delivery fell 58 cents to $42.52 a barrel.
The dollar rose to 107.55 Japanese yen from 107.37 yen. The euro inched down to $1.1304 from $1.1309.
--SPA
10:31 LOCAL TIME 07:31 GMT
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