News Snapshot:
Global markets slid Friday after Wall Street suffered its worst day of the year. Major European indexes dropped in early trading. They followed stocks in Asia, which sold off as China’s pledge to stick to its zero-Covid policy stoked concerns about the world’s second biggest economy. Hong Kong’s Hang Seng Index ( HSI ) tumbled 3.8%, leading losses in Asian markets and logging its worst daily drop in more than a month. Tech stocks saw a sharp sell-off, with the Hang Seng Tech Index down 5.2%. Mainland China’s benchmark Shanghai Composite Index ( SHCOMP ) and its tech-heavy peer Shenzhen...
