As mainland China backs away from its zero-COVID policy and loosens restrictions, business optimism and a slight return to normalcy are welcome changes for citizens and investors.
Yahoo Finance Live’s Julie Hyman discusses how markets opened on Friday following November PPI data.
Lucid stock has dropped rapidly since November, and much of its fall has to do with the company's falling reservations. In its third quarter, although Lucid produced a record number of vehicles, it reported reservations of only around 34,000 cars as of Nov. 7. Customers are clearly canceling their Lucid car orders, perhaps because of the long wait times for delivery even as competition in the industry heats up.