US President Joe Biden spoke in Pueblo, Colorado. U.S. stocks ended mixed, with the S&P 500 and Nasdaq Composite closing with small gains, while the Dow fell. Apple has cancelled its plan to build electric cars. South Korea’s measures to boost corporate governance may not work. Chinese technology firm Honor will launch a foldable flip phone. Despite a recent slump, fund managers remain interested in Alibaba. Consumer confidence fell in February, with rising concerns over jobs and the upcoming presidential elections. This poses a challenge for President Joe Biden ahead of high-stakes elections this year.
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