Here's what happened to the stock market on Thursday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Investors grappled with worries over U.S.-China trade relations and the mounting pressure by Democrats to impeach President Donald Trump.

Trade, impeachment fears take the air out of the market

Stocks fell because a Bloomberg News report said the U.S. is not likely to renew waivers for U.S. companies to sell supplies to Chinese telecom giant Huawei. The report, which cites an official, raised concern that both countries could struggle to reach a trade deal when they meet in Washington next month.

Meanwhile, the release of a whistleblower complaint against Trump added to fears about the possibility of impeachment. In the complaint, the whistleblower said Trump

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Rite Aid jumped about 9% after reporting better-than-expected earningsRite Aid's stock surged in pre-market trading Thursday after reporting better-than-expected earnings under new CEO Heyward Donigan.
Source: CNBC - 🏆 12. / 72 Read more »

Peloton's future depends on whether investors think it's a hardware company or a fitness platformEven after falling in its stock market debut on Thursday, Peloton still trades at a steep premium to Fitbit, GoPro and Sonos. Nasdaq Highlight of their day Uh-oh ClueHeywood - the gravy train may be pulling into the station! 😜😂
Source: CNBC - 🏆 12. / 72 Read more »