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Asian shares slip after Wall St's worst day in a month

Added 10-27-20 03:03:02am EST - “Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month.” - Washingtontimes.com

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Posted By TheNewsCommenter: From Washingtontimes.com: “Asian shares slip after Wall St’s worst day in a month”. Below is an excerpt from the article.

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Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month.

Stock benchmarks fell in Hong Kong, Sydney and Seoul. Tokyo was flat. Shanghai recovered from early losses to edge higher.

Overnight, the S&P; 500 fell 1.9%, deepening its losses from last week. Stocks of companies worst hit by the pandemic logged some of the biggest losses. Cruise lines, airlines and energy stocks tumbled in tandem with crude oil prices.

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