The Buzz | World shares turn lower as virus caseloads rise

World shares were mostly lower yesterday on renewed worries over surging coronavirus caseloads in many countries.
U.S. futures also edged lower, though President Donald Trump’s statement that the pandemic will likely get worse before it gets better had little impact, analysts said.
All European markets registered losses.
In Asia, Hong Kong’s Hang Seng index tumbled 2%, to 25,131.50, after its health minister warned the city is at a high risk of an “outbreak in the community.” Authorities made wearing of masks on public transport and in public indoor areas as the number of confirmed cases pushed past 2,000.
Australia’s hard-hit Victoria state reported a record 484 new COVID-19 cases, and health authorities there warned that numbers could continue to rise if the sick continue to fail to isolate themselves. The Australian share benchmark, the S&P ASX/200, gave up 1.3% to 6,075.10.
Tokyo’s Nikkei 225 index lost 0.6% to 22,751.61. The Shanghai Composite index gained 0.2% to 3,328.68.