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But IPOs from less-flashy companies with a clear path to profitability or profits thrived in the market, including Chewy, an online retailer of pet food and other pet-related products, and Tradeweb Markets, an international financial services company.

But Democrats' call for eliminating "qualified immunity" for both police and correctional officers was deemed by the White House as "a step too far". As an alternative, Senator Tim Scott, a South Carolina Republican who is organizing his party's police reform legislation, is considering a "decertification" process for officers involved in misconduct, The Associated Press reported Tuesday.

But people familiar with Toyota's plans said the automaker thinks demand will perk up as more countries, including China, warm to fuel cell technology. The company also sees FCVs as a hedge against a scarcity of key EV battery materials such as cobalt.

But new factory orders dropped to 52.8 from 53.1 in June, and export orders fell to 50.9 from 52.0.

But nuclear energy plays an "irreplaceable role in China's energy security", CGN Chairman He Yu pointed out. It also helps to reduce air pollution caused by coal-fired power generation.