About this episode
The Dow and the S&P 500 begin 2022 with fresh records, as Apple becomes the first U.S. company to achieve a $3 tn market cap. Troubled Chinese property giant Evergrande’s shares resume trading after authorities order it to demolish 39 developments on the tropical island of Hainan. Chinese manufacturing beats expectations in December as input prices fall to their lowest level since May 2020. And Daimler unveils an EV concept car with a 1000km range, but CTO Markus Schäfer tells CNBC exclusively that the chip crunch is likely to continue into the new year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .