Global Stocks Slide as U.S.-China Tensions Simmer - News Summed Up

Global Stocks Slide as U.S.-China Tensions Simmer


Global stocks ebbed Friday as investors braced for President Trump’s response to China’s push for tighter security controls on Hong Kong, which could reignite tensions between the world’s two largest economies. Futures tied to the Dow Jones Industrial Average slipped 0.7%, suggesting that the blue-chips index will open lower. A sharp rally in the gauge this week came to a stuttering halt on Thursday after Mr. Trump said he would hold a press conference on China on Friday.


Source: Wall Street Journal May 29, 2020 04:49 UTC



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