Asian markets drift lower on glum investor sentiment. Markets fell in early Wednesday trading in Asia as investors digested a steady drip of worrying news about the economic ramifications of the global coronavirus outbreak. Major indexes in Japan, Hong Kong and South Korea were modestly lower midday, as financial markets settled into a slow grind of bad news. While the panic of recent weeks appeared to have subsided, numerous signs pointed to glum prospects for a quick recovery. Futures markets predicted Europe and the United States would open lower later on Wednesday.

Source: International New York Times April 01, 2020 04:09 UTC