Asia Stocks Head for Cautious Start on Virus Fears: Markets Wrap

(Bloomberg) -- Stocks in Asia looked set for a cautious start on Thursday after a rocky session on Wall Street that saw Treasury yields hit new all-time lows and declines in U.S. shares. Futures on the S&P 500 Index were flat following a five-day retreat of 8% for the index as concern mounts that the spread of coronavirus into the world’s largest economy could curb growth. Microsoft Corp. fell in after-hours trading after saying the virus continues to impact its supply chain in China.