U.S. stocks opened slightly lower on Friday ahead of a holiday weekend as investors grappled with escalating tensions between the two largest economies in the world. The S&P 500 SPX, -0.38% fell 0.4% to 2,938. The Dow Jones Industrial Average DJIA, -0.49% shed 93 points, or 0.4%, to 24,381. The Nasdaq Composite COMP, -0.31% was down 0.4% to 9,251.
Equities are still on pace to end with positive gains this week amid hope that states' reopenings will bring back depressed economic activity. Yet this comes on the back of deteriorating ties between Beijing and Washington. U.S. lawmakers approved a bill aimed at censuring China's move to impose new national-security laws on Hong Kong, and on Wednesday, the Senate, separately, passed legislation that could have the effect of banning Chinese companies from listing on U.S. exchanges.
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Asia stocks set to trade lower as U.S.-China tensions riseInvestors will watch for developments from China's National People's Congress, with the first plenary session set to kick off at around 9:00 a.m. HK/SIN. Is that why Rice University President David Leebron looks like a colorized ghost? LOLOLOL FakeNews Is it makes lower prices the products from China?
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Source: CNN - 🏆 4. / 95 Read more »
Global Stocks Fall as China Flexes Muscles Over Hong KongInternational stocks declined as China moved to impose new national-security laws on Hong Kong, a measure that would increase tensions with the U.S. and challenge the financial hub’s autonomy. Encouraging Taiwan citizens to join China... viriyabot Let’s have a look ate the proposed national security laws in HK.
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Stocks Rally, Dow Gains 300 Points Despite Trump’s Latest China ThreatsIt’s been a volatile week for stocks so far. I have prepared some popcorn and wait for the deeeeeeeep fall. Media on left are just UNREAL, if it is raining out they blame Trump-one media reported Trump can not swim, he was seen walking on water Something is very wrong with the stock market!
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