US stocks trade mixed as new COVID deaths in China raise growth fears again

New Covid-related deaths in China over the weekend raised concern for growth in the US stock market.

Due to the country's zero- Covid policy, China has imposed strict lock downs for the past two years. The result has been a drag on the economy and financial markets and Beijing is signaling that the current bout of rising cases is poised to be the most difficult test yet.

The news that Bob Iger was coming back to Disney sent shares soaring as much as 9%. The search for a successor to Iger will be a more pressing issue when he comes back.

The market opened at 9:30 a.m.

• S&P 500: 3,961.29, down 0.10%

• Dow Jones Industrial Average: 33,850.87, up 0.31% (105.18 points)

• Nasdaq Composite: 11,088.00, down 0.52%

Here's what's going on.

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