Asian stocks follow Wall Street lower on trade war jitters

Passersby are reflected on a screen displaying graphs of market indices outside a brokerage in Tokyo, Japan, August 6, 2019.

The Shanghai Composite Index lost 0.5 percent to 2,801.33, and Tokyo's Nikkei 225 tumbled 1.2 percent to 20,433.65. Hong Kong's Hang Seng fell 1.2 percent to 25,524.86. Investors were rattled by a Chinese government statement Monday saying mostly nonviolent protests in Hong Kong were "beginning to show the sprouts of terrorism" and were an "existential threat" to the population.

Beijing's use of the term terrorism "triggered a wave of risk aversion across global markets," said Stephen Innes of VM Markets in a report.

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Markets Right Now: Stocks opening lower on Wall StreetMARKETS: Stocks edge lower in early trading on Wall Street amid investor concerns that the U.S.-China trade war may be worsening.
منبع: ABC - 🏆 471. / 51 ادامه مطلب »

Wall Street analysts worry these stocks are caught in the deepening US-China trade warCNBC combed through Wall Street research to see which stocks would be hurt most by the ongoing US-China trade war.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »