Monday 20 May 2019

WallStreet slides as Huawei fallout hits tech shares

The #DowJones Industrial Average fell 84.1 points, or 0.33%, to 25,679.9, the S&P 500 lost 19.3 points, or 0.67%, to 2,840.23, and the Nasdaq Composite dropped 113.91 points, or 1.46%, to 7,702.38.

#US stocks slid on #Monday as the White House's restrictions on Chinese telecoms equipment maker #HuaweiTechnologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the #UnitedStates and #China.

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