Read more here: Explainer: Is my Huawei phone useless now because Google is taking away its apps? Technology stocks are a big driver of equity market returns so concerns about a slowdown in the sector weigh on investor sentiment, said Michael Arone, chief investment strategist at State Street Global Advisors in Boston. "The volatility that we're seeing today is a direct result of President Trump's threats to Huawei," Arone said. The pan-European STOXX 600 index closed down 1.06% and MSCI's gauge of stocks across the globe shed 0.52%. On Wall Street, the Dow Jones Industrial Average fell 84.1 points, or 0.33%, to 25,679.9.

Source: Irish Independent May 20, 2019 20:37 UTC