A look at the day ahead in U.S. and global markets from Mike Dolan.
falling to close to $80 per barrel, their lowest since January. Other Asia bourses weakened in tandem.on Chinese tech giants, citing national security concerns, also weighed on shares of tech firms.
European stocks and U.S. futures fell too on Monday. Broad dollar gains reversed quickly, however, as 10-year U.S. Treasury yields skidded to their lowest in almost two months. Financial markets have for weeks looked positively at even the vaguest hint of China's curbs easing - with many asset managers still assuming the restrictions will eventually lift by the end of the first quarter of 2023.Whether the widening unrest creates a new level of unpredictable political risk in China or merely accelerates some government exit from the draconian 'zero COVID' strategy - or even a U-turn on buying foreign vaccines - remains unclear.
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China reports another daily record of COVID cases as protests ripple across ChinaChina reported a fifth straight daily record of 40,347 new COVID-19 infections on Nov. 27, of which 3,822 were symptomatic and 36,525 were asymptomatic, the National Health Commission said on Monday.
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China's Latest COVID Outbreak Strains CCP Zero-Covid MeasuresAnother record wave of COVID infections in China is being met with more lockdowns, frustrating some Chinese citizens. See potential bias and similarities in coverage from AP, axios, and nypost:
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Got a weird COVID-19 symptom? You’re not alone.From COVID tongue to COVID toe, doctors have seen some bizarre cases. COVID19 COVID CovidIsntOver COVIDSymptoms
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Morning Bid: China crisis brewingA look at the day ahead in Asian markets from Jamie McGeever.
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Norwich: City council bid to claw back £100K in Covid paymentsA sum of £743,822 was paid out to businesses in error or through fraud, with most already retrieved.
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Protests erupt in China over COVID lockdown restrictionsPublic outrage over new COVID lockdown restrictions has fueled rare protests within China, with residents demanding the government to lift restrictions ahead of schedule. Crowds marched on the streets, chanting 'End the lockdown!'
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