Asian markets lower on virus worries after Wall Street slips

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BEIJING (AP) — Asian stock markets have followed Wall Street lower as jitters about the fast spread of the coronavirus’s delta variant dented enthusiasm about strong corporate profits. Investors looked ahead to U.S. jobs data due out this week for signs of the health of the world’s biggest economy. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Wall Street’s benchmark S&P 500 index closed lower, weighed down by declines for tech, energy, industrial and communications stocks. Investors were encouraged by unexpectedly strong U.S. earnings but are more uneasy as China, the United States and other governments try to stop the spread of the more contagious delta variant.

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