10 things you need to know before the opening bell
Here's what you need to know before markets open.The billionaire investor's company revealed that it owns just over 5% of Mitsubishi, Mitsui, Itochu, Marubeni, and Sumitomo.According to Bloomberg, all four of the country's biggest banks — Bank of China, ICBC, China Construction Bank, and Agricultural Bank of China — posted double-digit falls.
Director-general Roberto Azevedo left his post on Monday, leaving the WTO facing"the biggest crisis in its 25-year history."On Friday, Chinese officials widened a list of technology sales over which it can wield a veto, seeking to give itself new authority over any TikTok deal.Rosenberg is concerned about the outsized role that a few big-tech companies are playing in lifting the stock market to all-time highs.
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