Associated Press
Asian shares down on caution after modest US gains
Asian shares fell Thursday as caution set in over company earnings reports, recent choppy trading in technology stocks and prospects for more economic stimulus for a world battling a pandemic. Hong Kong's Hang Seng lost 0.9% to 29,048.31, while the Shanghai Composite was down 0.3% to 3,506.75. “As the rally waned for the U.S. market, Asia markets can be seen left to their own devices into the Thursday session, and it appears that investors may be locking in some of the recent gains,” said Jingyi Pan, a senior market strategist for IG in Singapore.
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