Asian equities slump as violence erupts in Hong Kong
11 Novembre, 2019, 23:37 | Auteur: Auguste Feret
Shares around the world fell Monday as hopes for a breakthrough in the trade war between the United States and China diminished after President Donald Trumpsaid Washington had not agreed to gradually roll back tariffs as negotiations progress.
The trade talks with China are moving along "very nicely", President Trump told reporters on Saturday.
Stocks sank as soon as trading began Monday, and the S&P 500 dropped as much as 0.6% from its record level.
At 8:53 a.m. ET, Dow e-minis were down 107 points, or 0.39 per cent. S&P 500 e-minis were down 12 points, or 0.39 per cent and Nasdaq 100 e-minis were down 31.75 points, or 0.38 per cent. But stocks lately have been trading on every scintilla of news related to U.S.
He added that the Chinese administration wanted to make a deal more than he did, as the tariffs were generating "billions of dollars" for the US Treasury.
"The market is myopically focused on the next minute", said Michael Liss, senior portfolio manager at American Century Investments.
"We have to make the right deal for the farmers, manufacturers, for everybody".
Trump made clear Friday that the U.S. has not yet reached an agreement and emphasised that he wouldn't eliminate all tariffs, muddying hopes raised by China and even some of his own aides that the USA was ready to lift some tariffs to secure a trade deal.
Industrial output shrinks 4.3% in September — Slowdown Blues
The capital goods segment, that signifies investment, contracted 20 per cent in September after a 21 per cent fall in August. The 5,2 per cent contraction in the core data for September, released on October 31, had suggested a steep drop in the IIP.
There is no such thing as a buying and selling in U.S. Treasurys because of the Veterans Working day vacation.
"Obviously we are a little concerned about the trade war", said Phil Flynn, senior market analyst at Price Futures Group in Chicago.
WEEK AHEAD: Low interest rates have been a big driver for the stock market's rally, and Fed Chairman Jerome Powell will give testimony on Capitol Hill about the economy on Wednesday. The Commerce Department will report retail sales data for October on Friday.
The third-quarter earnings season, which is drawing to a close has been better-than-expected for the most part, with almost three quarters of the 446 S&P 500 companies that have reported results so far topping profit estimates, according to Refinitiv data. Media reports have fueled speculation since last week about a potential Walgreens sale.
Shares in Hong Kong fell sharply on Monday as protests against the government and police continue to intensify.
Losses stretched across Asian stock markets, as China's largest companies on the Shanghai Composite Index saw their shares decline more than 1 percent.
European markets were mixed.
In Europe, Germany's DAX fell 0.4 per cent to 13,176 while the CAC 40 in France was down 0.1 per cent at 5,884.
It is something that has been ongoing for a number of years, and the focus has been on preparing for next week's games. Michael O'Neill considered the potential of Stoke City as the "right time" for his return to club football.
President Donald Trump will kick off the opening ceremony and parade of New York's 100th annual Veteran's Day Parade. Trump is the first sitting president to attend the city's parade, and touted his New York City roots.
Over 450 flights into and out of the airport have been cancelled due to snow, the Chicago Department of Aviation said. When the accident occured, there were wind gusts at about 30 miles per hour and low visibility, according to reports.
I never imagined I would be this inspired [working on "The Voice"]," Stefani expressed, via a concertgoer. Singer Kelly Rowland sums it up nicely with: "I've loved Gwen Stefani since those plaid trousers ".
We are forming a team when we play in the Champions League and the Premier League, the toughest league in the world. However, the Spurs now sit 10 points back of fourth in 11th place, having earned only three wins in 11 games.
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If he does get on the ballot in Alabama, Bloomberg will have to register in other states that have later filing deadlines. Bloomberg, whose net worth is reported to be $52 billion, has stressed climate change and gun control as key concerns.
Police called for calm and denied "false and malicious" rumours that officers had been ordered to recklessly use firearms. The dramatic scene was caught on video, as demonstrators blocked train lines and roads during the morning commute.
But when probed by Axios if he would have gone if the two had not clashed Khosrowshahi replied: 'I don't know if I would have'. The Saudi government has described the murder as a rogue operation and said the the crown prince had no prior knowledge.
Caitlyn Jenner says Kylie Jenner is a 'wonderful mom'
Last year, I'm A Celeb ended on Sunday, December 9, so viewers can expect the show to wrap up on Sunday, December 8 this year. Ian Wright Ian Wright said he was in Australia for a golf tournament when he arrived after his jungle campmates.