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Good morning. There’s plenty of green on the screens as investors shake off COVID fears, election jitters and the headwinds that come from a strong dollar.
Let’s see where investors are putting their money.
- The major Asia indexes are gaining in afternoon trading, with Hong Kong’s Hang Seng up 1%.
- Ban averted. A U.S. District Court granted an 11th-hour reprieve to TikTok owner ByteDance, blocking a Trump Administration ban on the video-sharing platform that was to go into effect mere hours ago.
- Meanwhile, the U.S. imposed export restrictions on China’s biggest chipmaker, Semiconductor Manufacturing International Corp. It’s not quite as restrictive as the sanctions slapped on Huawei, but adds loads of red tape to any U.S. firm that