“Stocks close lower, Dow drops nearly 500 points as supply chain concerns mount amid protests in China”
November 29, 2022
“Stocks closed lower Monday as social unrest from China’s prolonged Covid restrictions weighed on markets.
The Dow Jones Industrial Average lost 497.57 points, or 1.45%, to end at 33,849.46. The S&P 500 dropped 1.54% to end at 3,963.94. The Nasdaq Composite ended down 1.58% to close at 11,049.50.
Monday’s selloff was driven by demonstrations that broke out in mainland China over the weekend as people vented their frustrations with Beijing’s zero-Covid policy. Local governments tightened Covid controls…”
https://www.cnbc.com/2022/11/27/stock-futures-slip-after-a-winning-holiday-week-.html
Lockdowns kill economies. China is destroying itself.