πŸ‡ΊπŸ‡Έ

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%.

Advertisement

You are here

Recent related news from verified sources

European stocks may open on a soft note on Tuesday as investors await U.S.-China trade talks at the G20 summit this weekend.
14 hours ago • RTTNews

U.S. stocks opened flat on Tuesday, as rising tensions in the Middle East and signs that U.S.-China trade talks may generate little progress kept investors on...
6 hours ago • Reuters

Health care companies helped pull the broader market slightly lower Monday in a day of listless trading as investors focused on upcoming trade talks between the...
23 hours ago • Seattle Times

NEW YORK (AP) β€” Stocks rose sharply on Wall Street Tuesday as traders cheered news that the leaders of the U.S. and China will meet face-to-face next week to...
1 week ago • Seattle Times

Recent related videos from verified sources

Trump's Headbutting With Iran, China Drags Down Stock Market 00:35
Credit: Wochit - Published 8 hours ago 

Stock surge ahead of a recession, says Jaime Desmond 05:05
Credit: Reuters - Business (Amazon FireT - Published 1 day ago 

Navigating the Markets Ahead of G20 Summit and Growing U.S.-Iran Tensions 00:56
Credit: The Street - Published 1 day ago 

China says both U.S., China should make compromises in trade talks 01:02
Credit: Reuters Studio - Published 1 day ago 

You might like