STOCK MARKET UPDATES: Investors cautious ahead of jobs data, rail strike looms, Musk vs. Apple

after whipsawing late Monday night as Chinese stocks moved higher days after weekend COVID-19 demonstrations in various Chinese cities took place.

On Monday, more than 90% of the stocks in the S&P 500 closed in the red, with technology companies the biggest weights on the broader market. Apple, which has seen iPhone production hit hard by lockdowns in China, fell 2.6%. The Conference Board will release its consumer confidence index for November on Tuesday. That could shed more light on how consumers have been holding up amid high prices and how they plan on spending through the holiday shopping season and into 2023.

Meanwhile, Asian shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided. Hong Kong’s Hang Seng jumped 4% to 17,981.31, while the Shanghai Composite added 2.3% to 3,148.17. Japan's Nikkei 225 lost 0.5% to 28,016.58. Australia's S&P/ASX 200 gained 0.3% to 7,249.80. South Korea's Kospi added 0.8% to 2,427.13.

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MarketWatch Live: Stocks edge lower as investors weigh China COVID policy, Fed outlookMarketWatch Live: U.S. stocks edge lower as fear over COVID in China attenuates
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Elon Musk claims Apple has 'threatened to withhold' Twitter from its app store | CNN BusinessElon Musk on Monday claimed that Apple has “threatened” to pull Twitter from its iOS app store, a move that could be devastating to the company Musk just acquired for $44 billion. Apple also purposely dropped an update to China users right before the current uprising, that censored the users. elonmusk isn't devastated over the loss of Apple. It’s a shame no one has offered to remove CNN from the media. Shut down cnn. Useless garbage
منبع: CNN - 🏆 4. / 95 ادامه مطلب »