Retailers expect subdued Black Friday; global market updates and warnings

Summary: US retailers anticipate a slower Black Friday due to high inflation and weakened consumer sentiment. Japan's Nikkei 225 and Topix declined, while Australian stocks reached a new high. Chinese President Xi Jinping asserts China's tech progress cannot be halted. US Treasury Secretary Janet Yellen warns of China dumping solar panels and EVs globally. The Port of Baltimore faces a crisis after a bridge collapse. Investors are advised to hedge against market declines.

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