This comes after a rally this comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. Index slipped by 1. 5%. One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, and wall street will also have to contend with seasonal headwinds, as september has historically been a challenging month for stocks. In other news china has announced a probe of canadian a former edge of the governor of new york has pleaded not guilty to acting as a chinese trade and technology partn| to 1ips will be trade and technology partn| to acting ll be trade and technology partn| to acting as e trade and technology partn| to acting as a chinese guilty to acting as a chinese agent. 0scars allege they agent. 0scars allege they followed orders from beijing to followed orders from beijing to advance china s interest. In advance china s interest. In exchan
Seems to be reducing. But there are also concerns about the wider us economy that led to a wider sell off on us markets, as ritika gupta explains. The snp 500 saw its biggest slide since an early august meltdown, ending the session down 2%. This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The nasdaq index closed down by 3%, while the dowjones index slipped by 1. 5%. One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, which raised more than $240 billion in market value. The chip maker shares closed down over 9%. 0ther semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing production data shrank for a fifth month in august. The institute for supply management manufacturing gauge edged up to 47. 2. A reading below 50 indi
August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicates contraction. The data reignited concerns around slowing growth within the us economy, which helped drive a Sell Off early last month. The action comes ahead of us governments augustjobs report,
Explosion we understand that he was unharmed. Lets speak to Michael Bociurkiw a Senior Fellow at the Atlantic Council welcome to the programme. I want if you can talk us through the scale of this russian attack . ,. ,. , the scale of this russian attack . H,. ,. , the scale of this russian attack . ,. ,. ,. , ,. , the scale of this russian attack . , ~ attack . Good to be with you. A very massive attack . Good to be with you. A very massive one, attack . Good to be with you. A very massive one, yesterday i attack . Good to be with you. A l very massive one, yesterday was one of them are silent days since the start of russias full scale invasion, we are talking about 200 incoming, a mix of missiles and iranian built drones, far to the west and north as well but especially here in kyiv as well. Just in the past few hours and the past hour or so a loud explosion was heard here in kyiv. I dont know if there was a defence striking a Russian Rocket in the air or a direct hit but we do know t
From china. This is on top of the most favoured nation tariff of 6. 1 already slapped onto chinese produced evs that are imported into canada. Now, the government also intends to apply a 25 tariff on imports of steel and aluminium products from china. Canadas finance minister, chrystia freeland, says these measures were about protecting domestic producers. The reality is china has an intentional state directed policy of overcapacity and oversupply, designed designed to cripple our own industries. Talk to the steel sector. Talk to the aluminium sector to understand how effective that has already been. We simply will not allow that to happen to our ev sector. The auto tariffs bring canada in line with its southern neighbour. The us introduced 100 tariffs on chinese made evs in may whilst the eu is also imposing higher tariffs. It comes after Us National Security advisorjake sullivan, whos en route to beijing, touted the need for a united front on tariffs when he met Withjustin Trudeau an