China’s Anti-Lockdown Protests Shake Stocks and Oil

China’s Anti-Lockdown Protests Shake Stocks and Oil
A view of a giant display of stock indexes, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, on Oct. 24, 2022. Aly Song/Reuters
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SYDNEY/LONDON—Stocks and commodities prices suffered a broad sell-off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID-19 curbs hit growth expectations in the world’s second-largest economy.

Clashes between police and protesters across several major cities over the weekend halted a tentative stocks rally that gathered pace last week as hope-starved markets had seized any morsel of good news.