Stocks slide as China cancels US farmer visit

Stocks traded lower on Friday after the Chinese trade delegation canceled a trip to US farms next week. The visit was seen as a gesture of goodwill to the Trump administration in the middle of trade talks between the two countries. Shares of Netflix plunged as much as 7% — dragging down the tech-heavy Nasdaq — after a Bernstein analyst said the company could fall as much as 21% before hitting a"theoretical floor." Visit the Business Insider homepage for more stories.

Stocks traded lower on Friday after the Chinese trade delegation canceled a trip to US farms next week. The visit was seen as a gesture of goodwill to the Trump administration in the middle of trade talks between the two countries. Shares of Netflix plunged as much as 7% — dragging down the tech-heavy Nasdaq — after a Bernstein analyst said the company could fall as much as 21% before hitting a"theoretical floor." Visit the Business Insider homepage for more stories.

You mean, the visit that Trump indicated would result in China buying tons of stuff from US farmers?🤔 trade tariffs

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia Pacific stocks set to trade mixed amid US-China trade jittersStocks in Asia Pacific were set to trade mixed at the open on Friday following a series of developments overnight on the U.S.-China trade front that dampened hopes of a deal being struck soon.
Source: CNBC - 🏆 12. / 72 Read more »

US senators have reportedly piled up to $96 million into stocks, including companies they regulateSen. Richard Shelby, who sits on housing and insurance subcommittees, owns up to $5 million worth of stock in a real estate insurance firm. Nope. No conflict of interest to be seen here. /s And the dems say it’s just the republicans? All bs both sides. Stop hate each other over politics. That's a big surprise! NOT!
Source: BusinessInsider - 🏆 729. / 51 Read more »