US Stock Indexes Fall as Lockdown Protests Spread in China

[Epoch-Times-Bot]

US Stock Indexes Fall as Lockdown Protests Spread in China

A broad slide on Wall Street left stocks lower Monday as global financial markets reacted to protests in China calling for Chinese leader Xi Jinping to step down amid growing anger over severe COVID-19 restrictions.
The S&P 500 fell 1.5 percent, clawing back all of the benchmark index’s gains from last week. The Dow Jones Industrial Average finished 1.4 percent lower, while the Nasdaq composite slid 1.6 percent.
The world’s second largest economy has been stifled by a "zero COVID" policy which includes lockdowns that continually threaten the global supply chain at a time when recession fears hang over economies worldwide. The recent demonstrations there are the greatest show of public dissent against the ruling Chinese Communist Party in decades....

Source: US Stock Indexes Fall as Lockdown Protests Spread in China

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