Wall Street closes with Google blockade of Huawei – The Economic Newspaper


The bag fell in New York. The Dow lost 0.33% to 25,679.90 points; the Nasdaq slipped 1.69% to 7,376.70 points; the S & P 500 fell 0.67% to 2,840.23 points.

Google blocks Huawei access to Android, so smartphones fall victim to the US embargo

Cutting trade relations between some North American techs and China's Huawei, as a consequence of the US government's executive order, was a central theme and prompted the technology industry to lead the losses by various indices, says the Mtrader analyst.

This cut of relations that is being seen as a step back in the US-China

Oil prices closed higher on signs that OPEC wants to keep production levels low. WTI crude rose 0.54 percent to $ 63.10.

In the business plan, Sprint shares (18.77%) triggered good news regarding the merger with T-Mobile.

Tesla (2.69%) reacted negatively to the cut of estimates of an investment house.



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