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The delta strain is exacerbating concerns that the rebound from the pandemic is losing steam.
By Andreea Papuc, Bloomberg
4 Aug 2021 08:52
Image: Kiyoshi Ota/Bloomberg
Asian stocks rose Wednesday and US futures were steady as concerns over Chinaâs technology clampdown eased a little and company earnings helped counter worries about the delta strain of Covid-19.
Hong Kong rallied after Chinese state media tempered an attack on gaming companies, bolstering Tencent. Shares slipped in Japan, where SoftBank Group Corp. retreated on a potential block of its $40 billion sale of Arm Ltd. to chip company Nvidia Corp. US equity contracts were steady in the wake of a record S&P 500 close on robust earnings. European futures rose.
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