What Apple's surging stock says about the market
CNN
One month ago, when Russia's war in Ukraine erupted, fearful investors yanked their money out of riskier bets and sought safer places to park their cash. Now, in the final days of a turbulent quarter, there are signs that confidence is returning.
What's happening: Bitcoin has erased its losses for the year, while shares of Apple — a bellwether for the tech industry — have climbed over the past 10 trading sessions. European stocks, which faced extreme selling as the region scrambled to secure energy supplies, are up 11% from their lows.
When Kenyan President William Ruto touched down in Beijing seven months ago, he was welcomed on the tarmac with a red carpet and cordons of Chinese troops standing at attention. Among the goals of his three-day state visit in October: Securing another $1 billion in loans from China to help complete infrastructure projects.