TOKYO/NEW YORK (Reuters) - Global shares stepped back on Wednesday as soft U.S. retail sales fuelled worries that rising coronavirus cases could stifle a still fragile economic recovery, dampening the euphoria from vaccine trial breakthroughs.
U.S. S&P500 futures shed 0.4%, a day after the S&P500 index lost 0.48%, while Europe's Euro Stoxx 50 futures eased 0.3%.
Japan's Nikkei fell 1.1%, bruised by news that new coronavirus cases in Tokyo hit a record high near 500 and reports that the city may ask businesses to shorten their hours again.
But many Asian markets bucked the trend, with MSCI's broadest index of Ex-Japan Asia-Pacific shares rising 0.3%, helped by better handling of the pandemic in much of the region and a continued pick up in China's economic recovery.
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