U.S. stocks ended sharply lower after protests in major Chinese cities against strict COVID policies sparked concerns about economic growth, while Apple slid on worries about a hit to iPhone production $AAPL
This week, investors will keep a close watch on November U.S. consumer confidence data, due on Tuesday; the government's second estimate for third-quarter gross domestic product, due on Wednesday; and November nonfarm payrolls due on Friday.The S&P 500 posted 12 new highs and two new lows; the Nasdaq recorded 93 new highs and 174 new lows.
Volume on U.S. exchanges was relatively light, with 9.3 billion shares traded, compared to an average of 11.3 billion shares over the previous 20 sessions. Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru and by Noel Randewich in Oakland, Calif.; Editing by Shounak Dasgupta, Anil D'Silva and Richard Chang
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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
Read more »
Chinese Protests Spread Over Government’s Covid RestrictionsProtests have broken out in several major cities in China over President Xi Jinping's zero-tolerance approach to Covid-19, a highly unusual show of defiance
Read more »
Chinese protesters, fed up with COVID restrictions, call for Xi Jinping's resignationPublic outrage over new COVID lockdown restrictions has fueled rare protests within China, with residents demanding the government to lift restrictions ahead of schedule and some calling for President Xi Jinping's resignation.
Read more »
Strict Covid Lockdowns Throw Chinese Cities into Protest, Calling for Removal of XiProtesters in several Chinese cities, including Beijing and Shanghai, took to the streets Saturday night, calling for the removal of President Xi Jinping and challenging another round of the country’s Covid-induced lockdown measures.
Read more »
WATCH: Chinese protesters met with force by police over COVID-19 restrictionsVideo of various protests across China took social media by storm on Saturday and Sunday.
Read more »