Stocks Fall as Hong Kong Unrest Fuels Investor Concerns

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Stocks drop amid demonstrations in Hong Kong, a political shake-up in Argentina and global trade tensions

By Anna Isaac and Steven Russolillo Updated Aug. 13, 2019 5:19 am ET • Hong Kong’s benchmark stock index shed 2%• Gold rose 1% while U.S. Treasury yields slipped

Separately, Cathay Pacific CPCAY -5.56% shares fell another 3% after declining 4.9% on Monday, their steepest drop in three years. They slid after the Hong Kong airline threatened to fire staff for supporting the protests. Yields on European government bonds ticked lower across the board, a reflection of investor nerves over the economic outlook. The German benchmark 10-year bund yield fell to minus 0.610%, while the U.K. 10-year gilt rate slipped to 0.467%. Bond yields fall as prices rise.

Investors have been caught out by the worsening trade tensions, said Fahad Kamal, chief market strategist at Kleinwort Hambros, Société Générale ’s U.K. private bank.

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What is coming for Argentina, Default?

¿ Que se viene para la Argentina, Default ?

Los tiempos están cambiando, en Argentina.....falta que cambien en EEUU.

CORRUPT CHINESE COMMUNIST PARTY TREATS PEOPLE LIKE SLAVES 😡😡😡😠😠😠💀💀💀🔥🔥🔥💣💣💣💣🛢🛢🛢💥💥💥🔫🔫🔫

🙁🙁🙁

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Stocks Edge Lower Amid Hong Kong Protests, Trade WoesU.S. stock futures edge down as escalating tensions between Chinese authorities and protesters in Hong Kong add to investors’ global trade concerns. China has vowed a merciless crackdown on demonstrators. realDonaldTrump take note: do this to the next round of PussyHat protestors: 'merciless crackdown.' Trump2020 Terrible analysis. Hong Kong people have lost their ability to prosper, they only love violent demonstrations, why not concentrate on economic development? Hong Kong is no longer rich and powerful. Shanghai will replace Hong Kong's economic power.
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