• Chip Maker Shares Are Punished as the Trade War Drags On

    3 monthes ago - By NY Times

    Shares of Qualcomm, Nvidia and other American chip makers have tumbled as the companies find themselves at the center of the dispute between the U.S. and China.
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  • The Dow Jones Industrial Average falls 400 points, on continued US-China trade-war concern

    3 monthes ago - By ETF Daily News

    From Fred Imbert : Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.
    The Dow Jones Industrial Average fell 402 points as IBM and United Technologies lagged. The S&P 500 fell 1.6% while the Nasdaq Composite dropped 1.9%.
    Equities extended losses after IHS Markit said U.S. manufacturing activity grew at its slowest pace since September 2009 this month. The data led investors to load up on Treasurys. The benchmark 10-year Treasury yield fell to its lowest level since November 2017 .
    “The trade...
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  • Escalating U.S.-China Trade War Makes LNG Projects Vulnerable Stateside

    3 monthes ago - By Forbes

    Beijing is on track to become the world's largest LNG importer, and the U.S.-China current spat does not augur well for the energy industry.
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  • Trade, global growth worries slam Wall Street

    3 monthes ago - By Reuters

    U.S. stock indexes slumped 2% on Thursday, as investors dumped technology, industrial and energy stocks on fears that a spiraling trade war between the United States and China would shackle global growth.
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  • Trade woes sink shares, Brexit weighs on sterling

    3 monthes ago - By Reuters

    World shares made it four days in the red in the last five on Thursday as concerns grew that the China-U.S. trade conflict was fast turning into a technology cold war. As Francis Maguire reports, the Chinese yuan struggled while sterling lost ground due to the worries about Brexit.
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  • Wall Street tumbles over 1% on trade, growth fears

    3 monthes ago - By Reuters

    U.S. stock indexes fell more than 1% on Thursday, as investors sold off technology, industrials and energy stocks on fears that a spiraling trade war between the United States and China would crimp global growth.
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  • White House To Announce $16 Billion In Aid To Farmers Hurt By Trade War With China

    White House To Announce $16 Billion In Aid To Farmers Hurt By Trade War With China

    3 monthes ago - By NPR

    The agricultural sector has been hit hard by the U.S. trade conflict with China. Agriculture Secretary Sonny Perdue says some of the money will be used to build markets elsewhere.
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  • Shares slide on fear trade spat is now a tech cold war

    3 monthes ago - By Reuters

    World shares skidded further on Thursday as concerns grew that the China-U.S. trade conflict was fast turning into a technology cold war between the world's two largest economies, leading oil prices to plunge and strengthening the dollar.
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  • Escalating U.S.-China trade threats stagger global markets; Dow slumps more than 400

    3 monthes ago - By Washington Post

    The technology sector continued to sink the blue chips as President Trump ratcheted up pressure on Chinese tech firms.
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  • Semiconductor sector drops below its 200-day moving average

    3 monthes ago - By ETF Daily News

    From Tomi Kilgore : Chip stocks continued their broad selloff Thursday, as investors feared that the U.S.-China trade war will last longer than previously expected. The PHLX Semiconductor Index SOX, -2.22% slumped 2.2% in morning trade, with 29 of 30 components losing ground, as the S&P 500 SPX, -1.19% declined 1.2%. The SOX, which has now shed 15.5% this month, has dropped below the 200-day moving average, which is widely followed as a tracker of longer-term trends, and is now in danger of the first close below that technical indicator since Feb. 4. Among the SOX's biggest decliners...
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  • Oil prices plummet on weak economic data

    Oil prices plummet on weak economic data

    3 monthes ago - By ETF Daily News

    From Tom DiChristopher : Oil prices fell 5% on Thursday, extending steep losses in the previous sessions, as the market braced for a prolonged U.S.-China trade war, digested disappointing manufacturing data and processed signs that Middle East tensions are moderating.
    Brent crude futures , the international benchmark for oil prices, sank $3.12 cents, or 4.4%, or $67.87 per barrel around 10:20 a.m. ET .
    U.S. West Texas Intermediate crude futures tumbled $3.20, or 5.2% to $58.22 per barrel, after falling 2.5% the previous day. WTI dropped below $60 per barrel for the first time in nearly 2...
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  • Allianz: 2018 Insurance Growth Held Down by Shrinking Life Markets in China and South Korea

    3 monthes ago - By A.M. Best

    Global insurance premiums grew 3.3% to €3.7 trillion in 2018, adjusted with exchange rate effects, according to a report by Allianz Research.
    “It was the third year in a row that ...
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  • U.S., China exchange barbs over Huawei as trade tensions flare

    3 monthes ago - By Reuters

    The United States and China had a heated exchange on Thursday, with U.S. Secretary of State Mike Pompeo accusing the chief executive of Huawei Technologies of lying about his company's ties to the communist government and Beijing saying Washington must end its "wrong actions" if it wants trade talks to continue.
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  • Escalating U.S.-China trade threats stagger global markets; Dow slumps more than 400

    3 monthes ago - By Washington Post

    Global markets sagged Thursday as uncertainty over trade relations between the United States and China continued to sour investors. The Dow Jones industrial average dropped 350 points at the outset, d...
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