Tokyo/New York — Global shares stepped back on Wednesday as soft US retail sales fuelled the worry that rising coronavirus cases could stifle a still fragile economic recovery, dampening the euphoria from vaccine trial breakthroughs.

US S&P 500 futures shed 0.3% in Asian trade on Wednesday, a day after S&P 500 index lost 0.48%, while Europe’s Euro Stoxx 50 futures eased 0.2%...

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