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Stocks Drop After China Threatens To End Trade Talks

Credit: Wochit
Published on May 17, 2019 - Duration: 00:38s

Stocks Drop After China Threatens To End Trade Talks

According to Business Insider, US, European, and Asian equities slumped on Friday after the Chinese government threatened to cut off trade talks with the US, accusing the nation of using "petty tricks" and lacking a sincere desire to end the trade war.

Some of the biggest companies that fell in early trading included tractor-maker John Deere, down 4.5%, and microchip-maker Qorvo, down 3.3%.

Shares in Dow Chemical, 3M, Apple, and Caterpillar also fell between 1% and 2%.

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