REPORT: Dow faces 400-point slide after Huawei executive’s arrest renews trade fears

BY TEAM DML / DECEMBER 6, 2018 /

GET the DML NEWS APP (FREE) Click Here

Below is a report that DML News gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

  • Provides named sources
  • Reported by more than one notable outlet
  • Does not insert opinion or leading words
  • Includes supporting video, direct statements, or photos

Click here to read more about our rating system.

As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by CNN.com:

New York (CNN Business) — Market sentiment is so fragile that news of an arrest is enough to set off a selling wave.

The Dow is on track to slide 400 points at Thursday’s open after the arrest of Huawei CFO Meng Wanzhou in Canada renewed doubts about the US-China truce. The S&P 500 is set to decline by 1.7%, while the Nasdaq is bracing for a 2.2% tumble.

The article goes on to state the following:

The latest sign of tension between Washington and Beijing also sent shudders through global markets. Hong Kong’s Hang Seng plunged 2.5% overnight, while European stock markets declined sharply as well.

To get more information about this article, please visit CNN.com. To weigh in, leave a comment below.

Facebook has SIGNIFICANTLY reduced the distribution of DML NEWS posts, and instead fills newsfeeds with news from the mainstream media. The way to fight back is by sharing our posts with your family and friends. Please take a moment now and click the share button. SHARE NOW



DML News offered you the above information as part of our ongoing effort to educate and inform people around the world. You can obtain additional information by visiting CNN.com

Leave a comment

Your email address will not be published. Required fields are marked *