Global Stock Exchanges.
| Author | Kazmi, S. Kamal Hayder |
Byline: S. Kamal Hayder Kazmi
U.S. stocks fell on Friday after news that the Trump administration was considering delisting Chinese companies from US stock exchanges and limit US investments into China.
The tariff-sensitive Philadelphia semiconductor index extended its decline to 2.7%. The index was already under pressure from Micron Technology Inc's tumble after it forecast a disappointing first-quarter profit.
The SandP technology sector dropped 1.8%. U.S.-listed shares of Alibaba Group Holding Ltd, Baidu Inc and JD.com Inc were sharply lower
High-level trade talks between Washington and Beijing are scheduled for next month before the start of the third-quarter earnings...
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