Market Update – Economic Growth Concerns Evident

12:09 p.m. ET Growth concerns are evident today , attributed to new Covid lockdowns in Shanghai, which have driven oil prices lower and the 10-year yield lower in curve flattening trade. Additionally, The Nikkei reported that Apple (AAPL -0.1%) is planning to reduce production for the iPhone SE and AirPods because of geopolitical uncertainty. S&P is little changed,…