Asian shares dip, but support comes from vaccine hopes
Equities edge lower as investors book profits on a stellar run to record highs
02 December 2020 - 08:11
Tokyo/New York — Asian shares shed early gains from a strong Wall Street lead on Wednesday, as some investors booked profits on a stellar run to record highs, but hope for additional US economic stimulus and a coronavirus vaccine kept market sentiment well supported.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.06%, pulling back from last week’s record high. Australian stocks erased early gains and fell 0.38%...
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