News Snapshot:
Chinese and Australian stocks fell on Friday as a COVID-19 lockdown in commodities hub Yiwu rattled sentiment, while most other Asian stocks trended higher on more signs of easing U.S. inflation. As of 23:32 ET (03:32 GMT), China’s bluechip Shanghai Shenzhen CSI 300 index fell 0.2%, while the Shanghai Composite index fell in a similar band. Sentiment towards the country was dealt a new blow by a three-day lockdown in Yiwu, a major commodity and manufacturing hub in the Zhejiang Province. The city was placed in a partial lockdown earlier this week, and was put in a complete lockdown on...
