Most Asian stocks dipped Tuesday after US equities joined a global decline as a new variant of the coronavirus in the UK and a wave of lockdowns and travel restrictions hurt sentiment.

Japan underperformed as shares slipped across most major Asia-Pacific markets. S&P 500 futures were little changed after the benchmark fell Monday, with Tesla Inc. the biggest drag in its first day of trading on the gauge. The dollar and the yield on 10-year Treasuries were steady. Crude oil held below US$48 ($64.02) a barrel.


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