News Formal

US: Stocks fall amid rising China tensions

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

[NEW YORK] Wall Street stocks fell for a second session in a row Friday on rising US-China tensions and worries that equities have gotten overvalued. Read more at The Business Times.

Wall Street stocks fell for a second session in a row Friday on rising US-China tensions and worries that equities have gotten overvalued.[NEW YORK] Wall Street stocks fell for a second session in a row Friday on rising US-China tensions and worries that equities have gotten overvalued.

Beijing ordered the US consulate in Chengdu to shut in retaliation for the closure of its own Houston mission. The move comes amid escalating tensions between the two countries over the coronavirus and China's crackdown on Hong Kong. Analysts also cited unease over the hefty gains by equities since March despite a highly uncertain US economic outlook due to the coronavirus that has led to many companies refraining from forecasting earnings.

"It's natural that people are starting to re-evaluate their expectations for forward earnings," said FHN Financial Chris Low."That gets people thinking about valuation."

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 15. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

US stocks fall amid rising China tensionsNEW YORK (AFP) - Wall Street stocks fell for a second session in a row on Friday (July 24) on rising US-China tensions and worries that equities have gotten overvalued.. Read more at straitstimes.com.
Источник: The Straits Times - 🏆 8. / 63 Прочитайте больше »

Seoul: Stocks slip on recession, US-China worries[SEOUL] South Korean shares dropped on Thursday after data showed the country plunged into recession in the second quarter, while escalating US-China tensions further weighed on sentiment. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

Seoul: Stocks drop on China-US spat, virus worries[SEOUL] South Korean shares slid on Friday as investors fretted over escalating US-China tensions and surging Covid-19 cases. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

US: Stocks end down after jobless claims rise, Nasdaq -2.3%[NEW YORK] Wall Street stocks tumbled on Thursday, with highflying tech shares falling especially hard as a jump in jobless claims exacerbated worries about economic weakness. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »