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Stocks Slide On Huawei Hangups

Credit: Wochit
Published on May 20, 2019 - Duration: 00:38s

Stocks Slide On Huawei Hangups

LONDON (Reuters) - Stock markets weakened on Monday as concerns mounted about an escalating fallout from a U.S. crackdown on China’s Huawei Technologies.

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017.

REUTERS/Toby Melville Investors already on edge about an escalating U.S.-China trade dispute were further rattled after Beijing accused Washington of harboring “extravagant expectations” for a trade deal, underlining the gulf between the two sides.

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