Shares were mostly lower in Asia on Wednesday, as governments in the region reported surging numbers of confirmed coronavirus cases.
Australia's hard-hit Victoria state reported a record 484 new COVID-19 cases, and health authorities warned that numbers could continue to rise if the sick continue to fail to isolate themselves.Local officials in Tokyo and Hong Kong also expressed alarm at surging numbers of infections.
The S&P ASX/200 in Australia skidded 1.3% to 6,075.10. Shares rose in Taiwan, Kuala Lumpur and Jakarta but fell in Singapore and Bangkok. On Wall Street, shares edged higher overnight despite a late stumble that nearly wiped out the market's gains for the day. The S&P 500 added 0.2% to 3,257.30 for a third straight gain.
The overall S&P 500 index has rallied back to within 3.9% of its record set in February and is back to where it was in early June. Among the other big companies reporting results this week: Microsoft and Tesla issue results on Wednesday, Intel, AT&T and Twitter report on Thursday and Verizon Communications and American Express report earnings Friday.
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