- Technology stocks pushed European equities to a one-week low on Monday as investors fled from riskier assets after another exchange of blows between the United States and China over trade at the end of last week.
U.S. President Donald Trump on Friday hit back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods and demanded that U.S. companies move their operations out of China. But after falling half a percent at opening to hit its lowest level since Aug 16, the pan-European STOXX 600 index was down 0.33% by 0755 GMT.
, but the declines were broad-based, with the technology index .SX8P, the most exposed to tariffs, the biggest loser with a 0.59% fall.
StocksHitLow
You gotta diversify your bonds
Gee I'm watching now and they along with US futures are up FAKENEWS
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 Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks set to drop as US-China trade war intensifiesStocks in Asia were set to trade lower on Monday following an escalation in the U.S.-China trade war late last week. How about the stocks are coming back to historic P/E ratios? Hari kari anyone? Keep money under mattress, best bet
Source: CNBC - 🏆 12. / 72 Read more »
European stocks set to open lower amid rising US-China trade tensionsEuropean stocks are set to begin Monday's session in the red as investors react to the latest escalation in the U.S.-China trade war. But... the economy is strong...? 🙄 MAGA TrumpGibberish 🤪😅
Source: CNBC - 🏆 12. / 72 Read more »
Treasury yields fall as investors flee risk amid trade war escalationU.S. Treasury yields slipped lower on Monday as investors seek refuge following a turbulent weekend in the U.S.-China trade war. 2/10 is inverted. SP will re test December lows again soon.
Source: CNBC - 🏆 12. / 72 Read more »
Trump this week: King of Israel, the chosen one, China trade warBecause prior to this week he was normal. Hes not very Presidential, which is embarrassing. Theres less drama on televised wrestling than Trump's one man show of complete jibberish and Twitter ranting He is an absolute embarrassment to the US. Republican, Democrat, and anything in between. It's beyond awful the mockery he is making of the office, our country and the great people in America.
Source: USATODAY - 🏆 100. / 63 Read more »
Nomura cuts recommendation on HK stocks as protests, trade war escalateJapanese brokerage Nomura downgraded its recommendation on Hong Kong st... coward Hong Kong's excellent infrastructure of finance and trade has its inherent advantages that cannot be formed in a short time.
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street Journal To 'Chairman' Trump: 'This Isn't The People’s Republic Of America'The editorial slammed Trump&39;s imperious order to U.S. businesses, blowing a gasket and tanking stocks in no-win trade war with China. Trump should just tell the WSJ to use that red first to pound sand...like they have a line to steer the President! Besides, who cares what any WSJ story or editor is about?
Source: YahooNews - 🏆 380. / 59 Read more »