China's economy is growing again. So why are investors getting out?

View in Browser May 19, 2023 Dow 33,426.63 0.33% S&P 500 4,191.98 0.14% NASDAQ 12,657.90 0.24% Last updated May 19 at 4:59 PM ET     China's economy is growing again. So why are investors getting out? Until a few weeks ago, Chinese shares were among the best-performing in the world over the previous six months as investors bet on the country's economic recovery after the lifting of pandemic restrictions.    Read full article   Turkey's big economic gamble looks set to continue Turkey's President Recep Tayyip Erdogan still believes he's right, and most of the rest of the world is wrong, when it comes to fighting inflation.    Read full article   Janet Yellen told bank CEOs more mergers may be necessary, sources say During Thursday's meeting with the CEOs of large banks, Treasury Secretary Janet Yellen told executives that more bank mergers may be necessary as the industry continues to navigate through a crisis, two people familiar with the matter told CNN.    Read full article   Disney's fight with DeSantis masks a bigger problem: Its business is struggling Disney's battle with Florida's Republican governor and soon-to-be presidential contender, Ron DeSantis, is playing out like a reality TV show. And while Disney's tactical maneuvering — most recently, abandoning a $1 billion office project near Orlando — has dominated headlines, that partly overshadows a less-cinematic reality: Disney's business is struggling.    Read full article   Morgan Stanley CEO James Gorman to step down within next 12 months Morgan Stanley chief executive James Gorman will step down as the company's head within the next 12 months, he said Friday at the bank's annual shareholder meeting.    Read full article   Anheuser-Busch loses top LGBTQ+ rating over its Bud Light response Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. But because of how the company handled backlash to a sponsored post by Dylan Mulvaney, a transgender woman, it's now off the list.    Read full article   Today's movers SDA 7.80 90.24% SunCar Technology Group Inc. Class A GBRG 6.90 68.30% SunCar Technology Group Inc. Class A WKEY 3.45 50.00% WISeKey International Holding Ltd. Sponsored ADR CWD 5.25 31.82% CaliberCos, Inc. Class A FL 30.21 27.24% Foot Locker, Inc. ELEV 3.81 24.70% Elevation Oncology, Inc. Last updated May 19 at 4:10 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com MARKETS NOW You are receiving this email because you signed up for updates from Markets Now.   No longer want to receive these updates? Unsubscribe. Interested in more? See all of our newsletters.   Create CNN Account | Listen to CNN Audio | Download the CNN App    ® © 2023 Cable News Network, Inc. A Warner Bros. Discovery Company. All Rights Reserved. One CNN Center Atlanta, GA 30303