Germany unveils new restrictions limiting movement for the unvaccinated in a bid to curb further Covid infections, amid a spike in Europe. The S&P 500 and the Nasdaq hit new record highs with investors awaiting the result of President Biden’s choice for Federal Reserve chair. Meanwhile, Chinese online retail giant Alibaba sees shares nosedive as it posts a quarterly miss and slashes its guidance. And Apple sets its sights on launching a fully autonomous EV as soon as 2025.  

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