Asia shares drop after Wall Street rout as virus cases rise


TOKYO (AP): Asian shares were moderately lower Friday (June 12) after an overnight rout on Wall Street as investors were spooked by reports of rising coronavirus cases in the US.

Fear that a so-called "second wave, ” is already coming has punctured bubbling optimism that a quick economic recovery was already underway. That pushed the Dow Jones Industrial Average down almost 7% on Thursday.

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Asian , equities , market , June 12 , opening

   

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