The picture for Chinese tech stocks just keeps getting worse

China's escalating crackdown on the country's once-mighty technology sector shows no signs of abating, leaving investors to wonder: Where does the market rout end?

News: What you need to know about the markets     The picture for Chinese tech stocks just keeps getting worse China's escalating crackdown on the country's once-mighty technology sector shows no signs of abating, leaving investors to wonder: Where does the market rout end? Read more »   Want a new Tesla? You're gonna have to wait a while You're going to have to wait a long time if you want to buy just about any Tesla. Read more »   Black former Kraft Heinz employees say coworkers threatened to kill them if they didn't quit A trio of Black former Kraft Heinz factory workers are suing the company for $30 million over what they claim was routine racist harassment from former co-workers and supervisors. Read more »   Vaccine mandates at work meet their toughest opponent: America's labor shortage At Kevin Smith's home health care agency in Massachusetts, only 52% of his 400 staff members have been vaccinated. He'd like to order them all to get the shot, but he says he can't risk a mass exodus. Read more »   Fanatics scores big with baseball card deal and Leo Messi The buzzy sports apparel startup Fanatics will become the new exclusive licensee for Major League Baseball cards, taking over from Topps after its deal with MLB ends in 2025, a source close to the company confirmed to CNN Business on Friday. Read more »   China passes sweeping data privacy law, stinging tech stocks again China has passed sweeping new rules about the collection and use of personal data as Beijing toughens its regulation of the country's tech companies. Read more »

Dow Nasdaq S&P +225.96   +172.88   +35.87 35,120.08   14,714.66   4,441.67 +0.65%   +1.19%   +0.81% YTD +14.75%   YTD +14.17%   YTD +18.25%

Biggest Winners Lumen Technologies Inc +4.32%   Mosaic Co +3.89%   Under Armour Inc +3.72%   Under Armour Inc +3.62% Biggest Losers Deere & Co -2.10%   Organon & Co -1.77%   Corning Inc -1.76%   Domino's Pizza Inc -1.70%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $61.94 -0.20 / -0.32% Gold $1,782.60 -1.40 / -0.08% 10-yr 1.26% +0.02 Euro $1.17 +0.00 / +0.18%

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