Asian shares skid despite US economic stimulus deal - News Summed Up

Asian shares skid despite US economic stimulus deal


The Dow Jones Industrial Average lost 0.4% to 30,179.05. Wall Street’s hope is that big stimulus for the economy might help carry it through a tough winter, until the widespread rollout of COVID-19 vaccines might bring relief. In the bond market, the yield on the 10-year Treasury was at 0.93%, down slightly from 0.94% late Friday. U.S. benchmark crude oil lost $1.46 to $47.78 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, declined $1.63 to $50.63 per barrel.


Source: Daily Sun December 21, 2020 02:48 UTC



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