Posted : 2020-12-22 15:40
Updated : 2020-12-22 17:12
US-China trade frictions and lingering Covid-19 fallout put sentiment in check in an otherwise bullish quarter for global stock market. South China Morning Post
By Iris Ouyang
Hong Kong stocks fell by the most in two weeks as frictions between the US and China escalated with more Chinese companies put on a trade blacklist and the coronavirus pandemic worsened in Europe.
The Hang Seng Index slipped 0.7 per cent to 26,306.68, trimming the advance this quarter to 12.1 per cent. Benchmarks in the UK fell by more than 1 per cent while stocks in Europe retreated by 2 per cent in early trading and futures on US equities signalled losses in cash markets.
inquiry consumes washington s attention and even more revelations come to light this evening, it s a new week. that means yet another democrat is throwing their hat into the 2020 ring. hear why michael bloomberg says he is jumping into the race and what some candidates are saying about it. growing uncertainty over the outlook for a phase one trade deal with china. last week the major stock market averages hit new record highs, but stocks slumped midweek when u.s./china trade talks appeared to hit an impasse. now some strategists say investors need to ignore the noise. i think that cooler head on wall street have decided the president will come to some sort of an agreement because he needs an agreement and the chinese need an agreement. so rather than trade off the headlines, i think it s an opportunity for long-term investors to go in and pick away at high quality companies.
language no not this keeps me up and could help push me to interact with the thing you want to do their story my friends her fighting and reliable information for migrants. the deal incites political leaders in washington and upbeat about the latest u.s. china trade talks as the world s 2 top economists 13th attempt to break the months long negotiation deadlock. meanwhile an informal summit between 2 asian powerhouses chinese president xi jinping is visiting india to discuss bilateral ties with prime minister modi. i want to get jones and this is business asia welcome and we re starting with the latest incident in the volatile gulf region oil
the workplace should be a source of financial security. keeping your people happy is what keeps your people. that s financial wellness. put your employees on a path to financial wellness with prudential. this morning, global markets are jittery ahead of today s u.s./china trade talks and prospects for a sweeping trade deal between the two countries. prospects for that appear to be deeming. christine romans joins us now with the latest. i d be shocked if the u.s. gets everything it wants here. officials familiar with talks say the american trade team is setting their expectations low here. there s negativity inside the administration. the chinese are unlikely to make major concessions that the president wants.
that incident. he held a concern for the past year that the person who shot him would want to come back and finish the job. jean s mother saying that her son s case showed the dallas police department is not capable of handling certain investigations, bill. we ll keep you posted. bill: what a twist in that story from dallas. thank you. fresh round of trade talks with china begin this week aimed at easing tensions between the world s two biggest economies. is a deal now on track? this man knows, it s larry kudlow and he is our headliner and he will be live next.