Coronavirus LIVE Updates | Global stocks dip as new COVID-19 strain darkens recovery prospects
Asian shares widened losses on Tuesday, extending a pullback from multi-year highs hit last week on fears a highly infectious new strain of COVID-19 that hit Britain could lead to a slower global economic recovery. Sentiment continue to sour with FTSE futures down 0.14% and E-mini futures for the S&P 500 index off 0.29%, even as the U.S. Congress on Monday approved a long-awaited $892 billion coronavirus aid package. Australia's S&P/ASX 200 was 1.21% lower. Japan's Nikkei 225 was down 0.77% in the afternoon session, touching its lowest levels in two weeks, as investors took profit from stellar gains over the past couple of months. (Reuters)