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Global stocks are dropping on fears of weak US earnings, another Brexit delay, and further Hong Kong disruption

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Texas Instruments expects lower revenues, UK parliament rejected a plan to rush Brexit, and Hong Kong leader Carrie Lam could be out.

Global stocks dropped on Wednesday as traders reacted to a weaker outlook for Texas Instruments, the prospect of another delay to Brexit, and reports of a potential change of leadership in Hong Kong. The microchip maker projected a revenue decline of 10% to 17% this quarter, fueling fears of weakening demand in the broader technology sector.

Global stocks dropped on Wednesday as traders reacted to a weaker outlook for Texas Instruments, the prospect of another delay to Brexit, and reports of a potential change of leadership in Hong Kong. The microchip maker projected a revenue decline of 10% to 17% this quarter, fueling fears of weakening demand in the broader technology sector.

 

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