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    • Breaking News
    Nov 28, 2022
    • European markets closed lower on the worries that widening protests in China may disrupt luxury products exports and intermediate goods imports.
      • 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.
          • Nov 27, 2022
          • 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.
                • Nov 26, 2022
                • 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.