Friday, 22 November 2019

Nikkei slides to 3-week low on U.S.-China trade woes; tech stocks retreat

Nikkei slides to 3-week low on U.S.-China trade woes; tech stocks retreatJapanese stocks tumbled on Thursday on concerns a preliminary trade deal between Washington and Beijing may not be completed this year, with a fresh row over U.S. legislation on Hong Kong potentially complicating their negotiations. Overnight, Wall Street's three main indexes fell, largely hurt by a Reuters report citing experts and people close to the White House as saying completion of a U.S.-China trade deal could slide beyond 2019. Adding to the tensions between the world's two biggest economies, the U.S. House of Representatives on Wednesday passed two bills intended to support protesters in Hong Kong and send a warning to China about human rights.




from Yahoo Finance https://ift.tt/2OvtODZ

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