Stock Market Today: Stocks Slide On China Covid Risk; Oil Prices Tumble

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The Street

By Martin Baccardax Stocks look set for a weaker opening Monday as investors react to rare public protests in China over the country’s strict Covid health policies. U.S. equity futures moved lower Monday as global investors reacted to a series of weekend protests in China over the country’s Covid policies and braced for a key week of data releases on jobs and inflation that could define the Federal Reserve’s near-term rate path. Hundreds of demonstrators clashed with police in Shanghai yesterday, with protests also breaking out in the capital city of Beijing, as anger over the country’s strict…

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