Markets On Monday - China Lockdown, Growth Fears And A Surging Dollar Dampen Sentiment

Markets On Monday - China Lockdown, Growth Fears And A Surging Dollar Dampen Sentiment

RTTNews

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China's Shanghai Composite plunged more than 5 percent while the Shenzen Component tanked more than 6 percent, as fears of lockdowns extending to Beijing rattled investor sentiment. Other Asian peers and European bourses followed suit with a deep sell off, as fears of the aggravating pandemic situation renewed concerns about supply chain disruptions and broader global economic growth.

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