Tuesday, April 26, 2022

Global stocks and oil prices hit by fears of a Beijing lockdown

https://www.cnn.com/2022/04/25/investing/stocks-oil-sink-beijing-lockdown-fears-intl-hnk/index.html

Global Stocks and oil prices dropped dramatically on Monday as fears of a serious COVID-19 breakout spreads across Beijing. The capital of China will suffer drastically from an outbreak. They began mass testing the past weekend, followed by residential shut downs. Since China is the second-largest economy, the whole world may feel the impact of a COVID-19 lockdown. 

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