World shares, US futures decline on vaccine, virus worries

BANGKOK — World shares were lower on Monday, as investors grew wary over the recent surge in coronavirus cases in many places while vaccination efforts are making scant headway.

Shares fell in London, Paris, Tokyo and Shanghai. U.S. futures also slipped.

The declines followed a strong end last week on Wall Street, where gains in technology and health cares stocks pushed the S&P 500 and Dow Jones Industrial Average to fresh record highs.

A moderation in bond yields has helped restore confidence that the Federal Reserve will move soon to raise interest rates to keep inflation in check as the economy recovers from the shocks of the pandemic.

Britain’s FTSE 100 lost 0.6% to 6,872.56. Germany’s DAX edged 0.1% lower to 15,220.38 and the CAC 40 in Paris gave up 0.3% to 6,153.79. The future contracts for the S&P 500 and Dow industrials were 0.3% lower.

In Asia, a resurgence of infections and…