Asian stocks hit 2-month lows as Delta variant revives COVID-19 scare

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Reuters

By Swati Pandey SYDNEY (Reuters) – Asian shares stumbled to two-month lows on Friday and were set for their worst weekly performance since mid-May as confidence took a battering over the global spread of the Delta virus variant and worries it could stall a worldwide economic revival. European futures pointed to some stabilisation in the sell-off with Eurostoxx 50 futures and Germany’s Dax Futures up 0.4% and London’s FTSE futures rising 0.3%. E-Mini futures for the S&P 500 were a shade higher. The mood in Asia seemed to have improved too by late afternoon, though major indices were still in re…

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