Stock market slips as US-China tensions weigh on investors

WorldNews

Published

Stocks are off to a weak start on Wall Street as traders worry that the U.S. and China could be headed for another confrontation, this time over the autonomy of the former British colony of Hong Kong. The S&P 500 was down more than 1% in the first few minutes of trading Friday, but it’s still headed for its third weekly gain out of the last four. Banks and industrial stocks had the biggest losses in the early going, while technology stocks continued to gain ground. The tech sector has far outpaced the rest of the market over the last year. The Dow Jones Industrial Average was down 39.47 or .16% to 25,361.17. The NASDAQ composite index was up 55.16 or...

Full Article