Stocks slipped on Monday as thousands of demonstrators forced Hong Kong's main airport to cancel all flights in the latest escalation of protests within city. The shutdown piles onto investors existing concerns over the global economy amid a deteriorating outlook for a trade deal between the US and China. Shares of Cathay Pacific, Hong Kong's dominant airline, plummeted as much as 4.9% to decade lows after China demanded that it prevent protesting employees from flying to the mainland.
Stocks slipped on Monday as thousands of demonstrators forced Hong Kong's main airport to cancel all flights in the latest escalation of protests within city. The shutdown piles onto investors existing concerns over the global economy amid a deteriorating outlook for a trade deal between the US and China. Shares of Cathay Pacific, Hong Kong's dominant airline, plummeted as much as 4.9% to decade lows after China demanded that it prevent protesting employees from flying to the mainland.
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