Apple's Product Unveiling Fails to Impress, Stock and Nasdaq Index Drop.
TL;DR Summary
US equities markets posted slight losses after a big rally on Friday, with investors weighing Apple's announcement about its new mixed-reality headset and the possibility of regulators boosting capital requirements for big banks. The Securities and Exchange Commission accused Binance and CEO Changpeng Zhao of several violations, while General Motors announced it would invest $1 billion to manufacture new heavy-duty pickups. A dam in a Russian-occupied area of southern Ukraine was destroyed, triggering emergency evacuations, with Ukraine blaming Russian forces for the catastrophe.
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