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Asia shares pare losses as China economy rebounds

Asian shares pared early losses on Monday as data confirmed China's economy had bounced back last quarter as factory output jumped, helping partially offset recent disappointing news on U.S. consumer spending.

Oil's supply-led rally peters out as virus cases surge

Oil prices on Monday fell further from 11-month highs touched last week, ending a rally that started at end-October on production cuts and strong Chinese demand, with the market's outlook questioned as coronavirus infections rise.

Markets

S&P » 3,768.25 -0.72%
Dow » 30,814.26 -0.57%
FTSE 100 » 6,727.61 -0.12%
Nikkei 225 » 28,242.21 -0.97%
US 10YR
+1.087
+0.000
DE 10YR
-0.552
-0.010
JP 10YR
+0.048
-0.001
USD / EUR » 0.8278 +0.04%
USD / GBP » 0.7385 +0.37%
USD / JPY » 103.7300 -0.08%