(Bloomberg) -- Asian stocks were mixed Tuesday and Treasury yields held a retreat amid concerns the economic recovery from the pandemic is losing momentum.Shares in China and Hong Kong edged lower, still feeling the effects of Beijing’s clampdown on private industries. Internet giant Tencent Holdings Ltd. slumped on fears the authorities will set their sights on online entertainment next. Japan also declined. S&P 500 and Nasdaq 100 contracts posted modest gains while European futures declined.Th
Asian stocks were mostly negative on Tuesday as the Delta coronavirus variant spread in key markets and Chinese officials took aim at video game producers, once more rattling investor confidence in the mainland's markets. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan was flat in the afternoon session after opening in negative territory. Japan's Nikkei was off 0.52% later on Tuesday.
Asian stock markets followed Wall Street lower on Tuesday as jitters about the fast spread of the coronavirus's delta variant dented enthusiasm about strong corporate profits.
We're flirting with the idea of losing the bullish embedded reading, in part spooked by Covid numbers.
The market rally ended mixed as economic fears hit oil prices and Treasury yields but Tesla and Square flashed buy signals. SolarEdge flared late.
Asian stocks slipped on Tuesday, as the Delta coronavirus variant spread in key markets in the region and put Chinese authorities on high alert, rattling investor confidence. Trade in Asia faced a weaker lead from Wall Street after investors there considered the impact the increasing number global cases of Delta could have on global economic growth. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.40% in early trading.
After-hours earnings reports showed a clear trend.
Financials and semiconductors staged an early rally as the S&P 500 was moving higher along with the VIX. That all changed as bonds caught a bid and saw many of those names fade from their highs.
Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
Stocks just could not get it going today, with the major indices drifting weakly lower despite a valiant early attempt at a rally.
Stock futures were higher across the board on Monday evening despite economic uncertainty.
Stock futures gained Monday evening ahead of another batch of corporate earnings results.
In the latest trading session, Canopy Growth Corporation (CGC) closed at $18.80, marking a -0.58% move from the previous day.
360 DigiTech, Inc. Sponsored ADR (QFIN) closed at $21.31 in the latest trading session, marking a +0.28% move from the prior day.
In the latest trading session, Harrow Health (HROW) closed at $8.97, marking a +0.56% move from the previous day.
Palo Alto Networks (PANW) closed at $400.32 in the latest trading session, marking a +0.32% move from the prior day.
Veeva Systems (VEEV) closed at $332.78 in the latest trading session, marking a +0.02% move from the prior day.
In the latest trading session, Riot Blockchain, Inc. (RIOT) closed at $33.45, marking a +1.52% move from the previous day.
In the latest trading session, Toll Brothers (TOL) closed at $59.59, marking a +0.54% move from the previous day.
Zscaler (ZS) closed at $239.04 in the latest trading session, marking a +1.33% move from the prior day.