Asian stocks mostly lower, eyeing Fed, China omicron cases

A man wearing a protective mask looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Jan. 11, 2022, in Tokyo. Asian shares sank in cautious trading Tuesday following a decline on Wall Street amid continuing worries about the omicron coronavirus variant, especially rising cases in China. - AP

TOKYO, Jan 11 (AP): Asian shares mostly declined in cautious trading Tuesday following a retreat on Wall Street.

Investors are keeping an eye on rising numbers of coronavirus cases, especially in China, where a third city has locked down its residents because of a Covid-19 outbreak, raising the number confined to their homes in China to about 20 million people.