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Shocking arrest of top Chinese Huawei official spooks Wall Street, triggering a thousand point drop in the Dow Industrial Average
Posted By: NaturalWisdom Date: Wednesday, 13-Jan-2021 05:52:08
www.rumormill.news/112743
In Response To: Canadian officials arrest top Chinese Huawei official at Request of US DOJ (RumorMail)
Renewed trade tensions between China and U.S. triggered by the arrest of Wanzhou Meng, Huawei Technologies' CFO, is being used by the MSM as one of the key drivers for the sell-off in equities.
Stocks Sink to Eight-Month Low on Trade, Rate Woes: Markets Wrap
By Vildana Hajric and Jeremy Herron
Bloomberg
Dec 6, 2018
Click here
[snip]
The sell-off in global stocks deepened, leaving U.S. shares mired in the steepest two-day slide since February and European equities at a two-year low as concern mounted that the rate of global economic growth has peaked. Oil slid as OPEC ministers met in Vienna.
The S&P 500 has tumbled more than 5 percent in two sessions, while the Dow Jones Industrial Average shed almost 1,500 points on bets that the trade truce between China and the U.S. won’t last after the arrest of Huawei’s chief financial officer. Financial shares led the drop, as Treasury yields fell to the lowest since August with traders starting to doubt the Federal Reserve will raise rates even once next year as economic growth falters.
Chart Source: Ino.com
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Articles In This Thread
- DOJ Crushes China Trade-Truce
RumorMail -- Wednesday, 13-Jan-2021 05:52:08
- Canadian officials arrest top Chinese Huawei official at Request of US DOJ
RumorMail -- Wednesday, 13-Jan-2021 05:52:08
- Shocking arrest of top Chinese Huawei official spooks Wall Street, triggering a thousand point drop in the Dow Industrial Average
NaturalWisdom -- Wednesday, 13-Jan-2021 05:52:08
- The suicide of noted Stanford physics professor Shoucheng Zhang on 12/1 may be related to the US targeting his venture capital firm
MrFusion -- Wednesday, 13-Jan-2021 05:52:08
- Reader, video & podcast: STUDY IN CONTRAST-2 VIEWS OF TRUMP'S 5G PRESS CONFERENCE-1 SELLING--1 TELLING
hobie -- Wednesday, 13-Jan-2021 05:52:17
- New Zealand Has Blocked Huawei Sales Over Security Concerns- China Demands release of Sabrina Meng Wanzhou
RumorMail -- Wednesday, 13-Jan-2021 05:52:08
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