China jitters pull Asian stocks to seven-month low

In addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to scrutinise a statement and press conference from Fed Chair Jerome Powell due late Wednesday.

They will be looking to see how the central bank will balance fast-rising prices with the complication of increased coronavirus infections. All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday but S&P 500 futures dropped 0.14%.The dollar hovered a little below recent highs, with the euro and sterling gaining some ground, the latter helped by a decline in new daily COVID-19 cases in the UK.The yield on benchmark 10-year Treasury notes was 1.2812% compared with its U.S. close of 1.276%, while the two-year yield touched 0.2134% compared with a U.S. close of 0.196%.

Gold was slightly higher, with spot gold trading at $1,797.28 per ounce, while U.S. crude ticked up 0.43% to $72.22 a barrel. Bitcoin dropped to below $37,000 from a Monday peak of $40,581 after Amazon.com offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

Small scenes, how big things are jumping up and down, calm down

this is terrible news

中国的发展牵动全世界的神经。如今的世界，你中有我，我中有你。一起发展，避免对抗。China's development affects the nerves of the whole world. Today's world, you have me, I have you. Develop together and avoid confrontation.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gymnastics-Russia survive Asian fightback to take team goldRussia ended Asia's domination of the Olympic gymnastics men's team event on Monday when they survived a ferocious fightback from China and Japan at the Tokyo Games to claim the gold medal for the first time in 25 years.
Source: Reuters - 🏆 2. / 97 Read more »

Delaware state rep who used anti-Asian slur says he betrayed voters, won't seek reelectionDemocratic House leaders described the comments made by the representative as 'reprehensible, racist, sexist and indefensible'. LloydElwell stop BLM, all hate solves
Source: Newsweek - 🏆 468. / 52 Read more »

Anna Sawai Wants to Eliminate Stereotypes for Asian Female Characters'Yes, Elle is Asian and does action, but there’s a reason why. She had to become a fighter to protect herself.' Anna Sawai talks thefastsaga, working with Vin Diesel, and eliminating stereotypes for Asian female characters. F9 TheFastSaga How to remove stereo types?
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

NYC Chinatown museum reopens with anti-Asian racism exhibitThe Museum of Chinese in America marked its reopening with an exhibit on Asian Americans and racism that it curated partially through submissions gathered during the pandemic and a surge of anti-Asian bias incidents around the country. 说到博物馆，看看美国、英国一些博物馆放着其它国家的国宝，那就是对美英口口声声文明的讽刺。
Source: NBCNews - 🏆 10. / 86 Read more »

Diving-Britain upsets China in the men's 10m synchronised platformBritain pulled off a stunning victory in the men’s 10 metre synchronised platform diving at the Tokyo Games on Monday, ending China's golden run in the event. lmaoooo go britain This title is unsuitable. British athlete finished the game in the last role amazingly. But there is no need to be so excited about someone defeated specific country , it's opposite to the spirit of Olympic.
Source: Reuters - 🏆 2. / 97 Read more »