Mortgage rates fall a third week in a row as housing market tilts in homebuyers’ favor

Reuters

Futures rebound as China ADRs rally; tech, growth stocks rise

Shares of the ride railing firm surged 50% to $2.77 in premarket trading after the Wall Street Journal reported that regulators are preparing as early as this week to allow the mobile app back on domestic app stores. Didi, which was hit by a data-related cybersecurity investigation days after its IPO in June 2021, approved delisting its American Depositary Shares last month. “It adds to the optimism that regulatory crackdowns are closer to the end of the tunnel,” said Christopher Wong, a senior strategist at Maybank in Singapore, adding that it also fed into hopes about China’s reopening and growth momentum.