Stocks fell on Friday as trade tensions resumed between China and the US after President Trump suggested he could cancel upcoming negotiations in September. While speaking to the press at the White House, Trump told reporters that he wasn't ready to make a deal with China. The president also said the US would officially sever ties with Huawei, a Chinese telecommunications company at the center of the trade war. Visit the Markets Insider homepage for more stories.
Stocks fell on Friday as trade tensions resumed between China and the US after President Trump suggested he could cancel upcoming negotiations in September. While speaking to the press at the White House, Trump told reporters that he wasn't ready to make a deal with China. The president also said the US would officially sever ties with Huawei, a Chinese telecommunications company at the center of the trade war. Visit the Markets Insider homepage for more stories.
As-HlinkaGretzkyCup
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks soar as investors push through anxiety about U.S.-China trade warInvestors snapped up technology stocks, a signal that they are more willing to take on risk after several days of fleeing to safer holdings such as bonds.
Source: latimes - 🏆 11. / 82 Read more »
Asia stocks take comfort in China trade data, yuan fixAsian shares were trying to rally on Thursday as Beijing reported better trade n... *One* fix or Yuan? Stocks can take comfort? Do they also purr? I wouldn't know, since like most folks I invest my money in food, gas, and housing.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks erase weekly losses as China trade-war tensions simmerThe S&P 500 index, Dow Jones industrial average, and Nasdaq composite all rose in US trading on Thursday.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Don’t overlook this gravy train that can support U.S. stocksThere’s a lot of worries to go around, from Chinese trade tensions to Britain’s possible abrupt exit from the European Union and now, political turmoil in... Or more specifically if trump doesn’t spoil it More asset inflation and more U.S. debt.
Source: MarketWatch - 🏆 3. / 97 Read more »
Chip stocks drop after US reportedly delays licenses for companies to restart sales to HuaweiThe U.S. is putting its decision to relieve Huawei on hold after China suspended its purchase of U.S. agricultural products, according to a Bloomberg News report.
Source: CNBC - 🏆 12. / 72 Read more »