Monday, May 2, 2022

Setback for Shanghai's COVID battle; Beijing focusses on mass testing

Shanghai residents breathed a sigh of relief at the weekend on news that no cases had been confirmed outside quarantine areas for two days, but bad news came on Monday with the report of the 58 new infections. Authorities did not comment on the new cases at a media briefing but members of the public weighed in online.

from Economic Times https://ift.tt/1jYdPu6

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...