Japanese shares fluctuated at the open, while equities in South Korea and Australia dipped. Stocks in Asia were mixed early Wednesday as reports on Moderna Inc.’s coronavirus vaccine added to concern that a successful way to beat the pandemic remains a long way off.
Treasuries held an overnight advance. Japanese shares fluctuated at the open, while equities in South Korea and Australia dipped.
Contracts on the S&P 500 edged up after the U.S. index lost ground in the final hour of trading and closed down. Riskier assets had started the week on the front foot after Moderna had fueled hopes for a coronavirus vaccine, but investors are struggling to maintain the optimism.