Asian markets mostly down as traders prepare for big week

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HONG KONG – Asian markets mostly fell Monday following last week’s rally as investors prepare for a big week that could see the vaccine rollout begin in earnest and US lawmakers agree a new stimulus, while post-Brexit trade talks remain on a knife-edge.

But while the general consensus is for a strong recovery in 2021 as billions are inoculated, the surge in virus cases around the world and ongoing China-US tensions continue to keep a lid on sentiment.

Regional traders were unable to build on last week’s advances, despite all three Wall Street indexes chalking up records Friday thanks to signs of movement in US stimulus talks and hopes f…

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