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Wall St. pressured as Huawei fallout hits tech shares
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist last week, several companies have moved to suspend business with the world's largest telecom equipment maker. Alphabet Inc's Google has moved to stop providing Huawei with access to its proprietary apps and services, Reuters reported on Sunday.
https://finance.yahoo.com/news/stock-futures-drop-concerns-over-120221024.html?.tsrc=rss
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist last week, several companies have moved to suspend business with the world's largest telecom equipment maker. Alphabet Inc's Google has moved to stop providing Huawei with access to its proprietary apps and services, Reuters reported on Sunday.
https://finance.yahoo.com/news/stock-futures-drop-concerns-over-120221024.html?.tsrc=rss
