Breaking News
Dec 27, 2022
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European markets closed at one-month highs after resource and luxury stocks led gainers on optimism of reopening of China.
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Tech stocks led decliners and the Nasdaq Composite index fell 1.4% and the S&P 500 index dropped 0.4% at close after the yield on U.S. Treasury notes rose 10 basis points to 3.84%.
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Tesla dropped to a one-year low on the ongoing demand weakness in China.
TSLA
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China plans to end mandatory quarantine for international passengers from January 8 and allow Chinese citizens to travel abroad soon.
