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Big Tech Rules the Stock Market. Why It’s Not Time to Relax.

As Apple, Microsoft, Alphabet, Facebook, and Amazon go, so goes the S&P. Keep your eyes on the 10-year Treasury yield and regulators’ agendas. Read More...

Reuters

Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say

HONG KONG (Reuters) -Evergrande Group’s chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts. CEO Xia Haijun, a confidant of chairman Hui Ka Yan and who runs Evergrande’s day-to-day operations including financing, has been in Hong Kong, where the property firm has a major presence, for more than two months, the two sources told Reuters.

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