Stock Market Live Updates 07 December 2023: Shares in Asia fall as oil touches six-month low

Stock market live updates: Shares in Asia fall as oil touches six-month low

Equities in Asia mirrored weakness on Wall Street while Treasuries steadied following a rally after fresh data indicated labour market softness. Oil led a slump in commodity prices, per a Bloomberg report. 

Equities in Japan and Australia opened lower while futures contracts for Hong Kong benchmarks also slipped. That followed a third daily decline for the S&P 500, its longest stretch of losses since October. US futures were little changed in early Asian trading.