World shares mixed as virus, China-US strains weigh on mood

Shares are mixed in Europe and Asia as rising coronavirus cases and tensions between the U.S. and China weigh on sentiment

BANGKOK -- World shares were mixed Friday as rising coronavirus cases and tensions between the U.S. and China weighed on sentiment. Stocks fell in Paris, Tokyo, Shanghai and Seoul but rose in London and Hong Kong. U.S. futures edged higher. The Biden administration was expected to soon issue a warning to U.S. firms about risks of doing business in Hong Kong, adding to strains between the two biggest economies. A resurgence of coronavirus cases across Asia and signs of rebounds elsewhere has cast uncertainty over recoveries in the region.