morning after a mixed, shortened session on Wall Street Friday.
The Dow Jones Industrial Average rose 0.5% to 34,347.03. The Nasdaq fell 0.5% to 11,226.36. Long-term bond yields were relatively stable but still hovered around multi-decade highs. Wall Street gets several big economic updates this week. The Conference Board business group will release its November report on consumer confidence and the U.S. government will release its closely watched monthly employment report.
China’s infection rate has been lower than in the United States and other countries, but the authorities are facing rising resentment over the economic and human costs of the approach known as “zero-COVID" as businesses close and families are isolated for weeks with limited access to food and medicine.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
These businesses do not if a damn about Americans
Another blow to retirement funds. People will have to work until they drop. Average cost of homes being in the 400,000’s and new car payments averaging $700/mo. Goodbye middle class retiree’s.
or shopping not so much
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Today: Dow Falls 300 Points, Oil Slides Amid Covid Protests in ChinaThe Dow fell more than 500 points as protests across China against Beijing’s zero-Covid policy sparked worries about global growth The world is connected. We owe it to ourselves to get less selfish and more mindful
Source: WSJ - 🏆 98. / 63 Read more »
Comments from market watchers on the COVID-19 protests in ChinaAs anger over China's strict zero COVID-19 policy intensifies, residents in some major cities took to the streets at the weekend, clashing with police over restrictions that have taken a heavy toll on the economy and people's freedoms. Gunshots were heard at the scene as the people of Wuhan took to the streets in protest. Casualties are currently unknown. 500RMB per person the majority of chinese, even educated ones were so intoxicated by real estate pumping 10x, they refuted1989 tiananmen, calling the previous generation of student protesters deluded. they proudly boast their involvement in 'peace keeping' they fully deserve their plight today.
Source: Reuters - 🏆 2. / 97 Read more »
Asian Stock Market: China’s anti-Covid curb protests hurt sentiment, oil refreshes 11-month lowAsian Stock Market: China’s anti-Covid curb protests hurt sentiment, oil refreshes 11-month low – by Sagar_Dua24 Asia Coronavirus Nikkei RiskAversion Oil
Source: FXStreetNews - 🏆 14. / 72 Read more »
Prague Christmas market returns after COVID but with fewer lightsThousands of people poured into Prague's medieval Old Town Square at the weekend for the lighting of a 25-metre (80-foot) Christmas tree and the reopening of the annual market after a two-year COVID-19 shutdown, but the energy crisis meant fewer lights than usual. It’s a start
Source: Reuters - 🏆 2. / 97 Read more »