A look at the day ahead in U.S. and global markets from Mike Dolan.
falling to close to $80 per barrel, their lowest since January. Other Asia bourses weakened in tandem.on Chinese tech giants, citing national security concerns, also weighed on shares of tech firms.
European stocks and U.S. futures fell too on Monday. Broad dollar gains reversed quickly, however, as 10-year U.S. Treasury yields skidded to their lowest in almost two months. Financial markets have for weeks looked positively at even the vaguest hint of China's curbs easing - with many asset managers still assuming the restrictions will eventually lift by the end of the first quarter of 2023.Whether the widening unrest creates a new level of unpredictable political risk in China or merely accelerates some government exit from the draconian 'zero COVID' strategy - or even a U-turn on buying foreign vaccines - remains unclear.
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