Stocks dropped amid reports Trump could delist Chinese firms from U.S. exchanges
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| | | 9/27/2019 | |
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| Stocks Log Second Straight Weekly Loss Amid U.S.-China Buzz | | By Patrick Martin | | The Dow finished the week on a gloomy note, logging a modest loss amid the latest U.S.-China trade drama. The blue-chip index started off in the black, but ultimately turned lower after a Bloomberg News report signaled the Trump administration is considering limiting capital flows to China, including possibly delisting Chinese companies from U.S. exchanges. The S&P 500 and Nasdaq joined the Dow in the red, and all three benchmarks logged their second straight weekly losses. As global trade concerns rear their ugly head again, Wall Street's "fear gauge," the VIX, logged its highest close in over three weeks. Continue reading for more on today's market, including: - This China stock stumbled after Trump's trade threat.
- Citron: This opioid stock could fall 40%.
- Plus, a Stitch Fix earnings preview; an underperforming drug store stock; and an airliner soaring on a Delta investment.
| | >> Continue reading... | |
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