Asia shares post moderate losses after Wall Street sell-off

4Dec - by Editor - 0 - In STL.News



Shares were moderately lower in Asia on Wednesday following a bloodletting on Wall Street as goodwill generated by a truce between the U.S. and China over trade evaporated in confusion over what the two sides had agreed upon.

The Dow Jones Industrial Average fell nearly 800 points. The yield on the benchmark 10-year Treasury note fell to its lowest level in three months, signaling that the bond market is worried about long-term economic growth.

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