Photo: Reuters
Investing.com - The Dow fell Monday on souring U.S.-China tensions amid reports the Trump administration is considering blacklisting two major Chinese companies.
The Dow Jones Industrial Average fell 1.1%, or 335 points. The S&P 500was down 0.5%, while the Nasdaq Composite rose 0.04%.
Sentiment on stocks made a soft start to the week on reports that Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) and national offshore oil and gas producer China National Offshore Oil Corporation (CNOOC) could be ban from accessing U.S. investors.
On top of rising U.S.-China tensions, profit-taking on value stocks on concerns about a surge in infections over the coming weeks following the Thanksgiving holiday also weighed on sentiment.
Energy was among the biggest decliners across the value sector, paced by weakness in oil prices as major producers meet to discuss whether to extend its output cuts that have helped limit the blow from falling demand in the wake of the pandemic.
Industrials were also in the red as airlines fell sharply following a weaker outlook from JetBlue.
Read more from the original article:
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。