Stock Market Today: Dow, S&P Live Updates for July 11, 2022 – Bloomberg

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China State Media Reinforce Covid Zero as Cases Jump in Cities
Credit Suisse Cuts Senior Bank Jobs in Asia as Overhaul Begins
Recession Is Price of Misreading Inflation, Singapore Minister Says
China Retail Sales Shrink as Covid Outbreaks Strain Economy
Seven Charts Show State of Malaysia’s Economy Ahead of Polls
Tesla-Backed Nickel Miner Cuts Output After Waste Dam Leak
Ex-Dodger Puig to Plead Guilty to Lying About Gambling
Amazon Plans to Cut 10,000 Jobs in Largest-Ever Layoffs for E-Commerce Giant
Buffett Takes $5 Billion Stake in TSMC, Sparking Surge in Shares
Ant Consumer Unit Raises $1.5 Billion From Sunny Optical, Yuyue
Biden Trade Chief Says Xi Meeting Sends Powerful Signal to World
Hobbs Wins Arizona Governor Race Over Election Denier Lake
Druckenmiller Reloads on Amazon as Family Offices Weather Tumult
The Waltons: World’s Richest Family Trims Exposure to Emerging Markets
Estée Lauder Nears Tom Ford Acquisition, Licensing Deals
Ex-Dodger Puig to Plead Guilty to Lying About Gambling
Xi Pivots Fast on Covid and Property. Will His Cadres Listen?
The FTX Fiasco is Painfully Familiar
FTX Debacle Poses Challenges for Asia’s Crypto Capital
How Apple Stores Went From Geek Paradise to Union Front Line
A Sports Bar Builds a Loyal Clientele Showing Only Women’s Events
The Golden Era of AI Chess Makes Things Tricky for Players
Texas Attorney General Shielded From Testifying in Abortion Case
Senate to Begin Debate This Week on Bill to Protect Same-Sex Marriage
Biden Has ‘Almost Guaranteed’ Hydrogen’s Future, Macquarie Says
Barclays to Give Homeowners Up to £2,000 for Going Green
NYC Will Pay at Least $600 Million to Give Migrants Shelter and Schooling
Low-Income Apartments That Set a High Standard for Energy Efficiency
Tokyo’s Iconic Capsule Tower Cubes Get a New Lease on Life
World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds
Solana Games Stumble as Ecosystem Takes a Hit After FTX Collapse
Hacking the Mango DeFi Platform: A New Way In for Crypto Thieves
Stocks slumped, with traders positioning for a hot inflation reading and the start of a key earnings season that may provide clues on whether the economy is headed toward a recession. The dollar climbed.
A selloff in megacaps like Tesla Inc. and Apple Inc. weighed heavily on the equity market — which saw its lowest trading volume of 2022. Twitter Inc. plunged 11% as Elon Musk walked away from his $44 billion deal to buy the company, setting the scene for a legal battle. The euro edged closer toward parity with the greenback, while 10-year US yields dropped below 3%.


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