Breaking News
Nov 28, 2022
-
U.S. benchmark indexes accelerated losses in the final hour of trading with the S&P 500 down 1.5% and the Nasdaq Composite off 1.6%.
-
Crude oil prices closed at an 11-month low $77.24 a barrel, after falling as low as $73.61, the lowest price since last December.
-
Dozens of protests erupted in cities including Shanghai and Beijing and on university campuses against lockdowns and zero-Covid policy in China.
-
50 of the top 100 advertisers have stopped advertising on Twitter, spending $2 billion since 2020 and $750 million in 2022, Media Matters for America reported.
-
Record 166 million shoppers are expected to shop from Thanksgiving Day through Cyber Monday, 8 million more than a year ago and record since 2017, said the NRF.
-
iPhone shipments fell 17% to 8.4 million in October from Henan province, China's customs data showed. Foxconn's complex is based in its capital city Zhengzhou.
-
Crude oil prices are set to rise as the EU embargo of Russian oil shipped by sea tankers is set to take effect on December 5.
-
Protest riots broke out in Urumqi, the capital of the western province Xinjiang in China after a fire in a residential complex killed 10 people on Thursday.
-
The U.S. non-farm payrolls are expected to increase at least 200,000 in October, the JOLT report on Nov 30 is expected to show.
-
The PCE Price Index is estimated to rise 6.3% in October, the U.S. Bureau of Economic Analysis report is estimated to show on December 1.
Nov 27, 2022
Nov 26, 2022