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Why Nio Stock Is Falling Today

Nio Inc - ADR (NYSE: NIO) shares are trading lower by 6.40% to $20.77 Wednesday morning. Shares of Chinese companies at large are trading lower after Shanghai announced it will be conducting mass COVID-19 testing in several districts following a rise in cases.

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Why Shell Shares Are Falling Today

Shell PLC (NYSE: SHEL) shares are trading lower by 2.72% to $47.25 Wednesday morning. Shares of energy companies are trading lower again Wednesday amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

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