Wall Street stocks fell Friday following lackluster US economic data and report the Trump administration is weighing new restrictions on US investment in China. Stocks took a sharp drop after reports the White House is considering imposing limits on American investment in China and in Chinese assets, including delisting Chinese companies from US stock markets. In addition, data reports Friday showed a sharp decline in US consumer spending in August and a weak demand for big-ticket manufacturing goods, suggesting a hit to the economy from President Donald Trump's trade war with China. The Dow Jones Industrial Average finished at 26,820.25, down 0.3 percent, after it r...
Keep on reading: US Stocks Fall on Weak Data, World Trade Worries
from INQUIRER.net https://ift.tt/2nDpBUP
add
Subscribe to:
Post Comments (Atom)
Motorcyclist dead in Lucena collision
LUCENA CITY ---- A motorcyclist running against a one-way street died after he collided with another motorcycle in Lucena City early Friday....
-
LEGAZPI CITY - All police stations in Bicol region will be placed under "high alert" startingTuesdayfor the observance of All Sain...
-
CANDELARIA, Zambales - A man drowned after taking a dip in a river here on Sunday (Aug 18), police said. The victim was identified as Jesu...
-
More dollars entered the Philippine economy than left it in July thanks to inflows from the central bank's foreign currency operations a...
No comments:
Post a Comment