U.S. stock index futures slid on Thursday, as investors worried that the U.S.-Ch...
- U.S. stock index futures slid on Thursday, as investors worried that the U.S.-China trade war could spiral into a technology cold war between the two countries, with no signs of resolution in sight.
Although the Trump administration temporarily eased curbs on the Chinese telecoms gear maker, tensions again mounted following reports on Wednesday that the United States was considering sanctions on Chinese video surveillance firm Hikvision. Tepid data from the eurozone added to the downbeat tone. A private survey showed business growth accelerating at a slower-than-expected pace this month, weighed down by a deepening contraction in the bloc’s manufacturing industry.
Investors on Wednesday largely shrugged off the release of minutes from the Federal Reserve’s latest policy meeting, in which officials agreed that their patient approach to setting monetary policy could remain in place “for some time.”
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