Asia stocks set for sluggish start after Wall Street declines


Japan's Nikkei 225 futures fell 0.35%, while Australia's S&P/ASX 200 were up 0.4% in early trading. Also weighing on sentiment was U.S. data on Tuesday that showed retail sales increased less than forecast in October, with the potential for even further slowing.

NEW YORK: Asian equities were set for a sluggish open on Wednesday, tracking a lower Wall Street session as concerns over rising coronavirus cases and fresh lockdowns dampened the euphoria from vaccine trial breakthroughs.

A skittish mood swept investors as several U.S. states began restricting gatherings and mandated face-coverings after more than 70,000 Americans were hospitalized for treatment of COVID-19 as of Monday, according to a Reuters tally of public health figures.

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