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Residents queue at a Covid-19 testing station in Shanghai, China.
Tassia Sipahutar
Stocks fell in Asia amid concern that China may tighten Covid curbs and as investors weigh the outlook for rate hikes from the Federal Reserve.
Shares in Hong Kong led declines, with the Hang Seng Index dropping around 3%. South Korea’s Kospi dropped more than 1% amid weakness in tech and battery stocks as global funds take profit following a recent rebound in the gauge. US futures slid.
Stock Market Today: Dow, S&P Live Updates for Nov 21 – Bloomberg
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