Analysts related this drop today to the protests experienced this weekend in China against the “zero covid” policy and in which an unknown number of people were detained.
Some protests that also weighed down the price of oil at its opening.
The numbers of new infections in China today broke their record for the fifth consecutive day with 40,347 cases detected the day before, of which 36,525 (90.5%) are asymptomatic.
Furthermore, in everything the country there are around two million people are under centralized quarantine or medical observation for being infected or for being close contacts of those infected, not including citizens under general confinement imposed by local authorities.
Among the 30 Dow Jones listed companies, losses were led by Chevron (-1.9%), and Walmart (0.3%).
In other markets, Texas oil was down to $74.57 a barrel, the yield of the bond The 10-year US Treasury fell as low as 3.679%, gold fell as low as $1,749.2 an ounce and the dollar was losing ground against the euro, with a change of 1.0434.
Source: Ambito
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