Omicron Covid fears continue to weigh on market sentiment

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SINGAPORE — Stocks in Asia-Pacific fell in Thursday morning trade, as concerns over the economic impact of the omicron Covid variant continues to weigh on investor sentiment.

The Nikkei 225 in Japan declined 0.82% while the Topix index shed 0.63%. South Korea’s Kospi fell 0.79%.

Over in Australia, the S&P/ASX 200 fell about 0.6%. Australia’s retail sales and trade data for October is set to be out at 8:30 a.m. HK/SIN on Thursday.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.22% lower.

Stock picks and investing trends from CNBC Pro:

Stocks on Wall Street saw a sharp reversal overnight after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

The Dow Jones Industrial Average dropped 461.68 points to 34,022.04 while the S&P 500 declined 1.18% to 4,513.04. The Nasdaq Composite fell 1.83% to 15,254.05.

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SINGAPORE — Stocks in Asia-Pacific fell in Thursday morning trade, as concerns over the economic impact of the omicron Covid variant continues to weigh on investor sentiment.

The Nikkei 225 in Japan declined 0.82% while the Topix index shed 0.63%. South Korea’s Kospi fell 0.79%.

Over in Australia, the S&P/ASX 200 fell about 0.6%. Australia’s retail sales and trade data for October is set to be out at 8:30 a.m. HK/SIN on Thursday.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.22% lower.

Stock picks and investing trends from CNBC Pro:

Stocks on Wall Street saw a sharp reversal overnight after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

The Dow Jones Industrial Average dropped 461.68 points to 34,022.04 while the S&P 500 declined 1.18% to 4,513.04. The Nasdaq Composite fell 1.83% to 15,254.05.

Currencies

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