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NewsBreak: Wall Street Trades at Lows on Talk of China Investment Limits

Published 09/27/2019, 03:07 PM
Updated 09/27/2019, 03:24 PM
© Reuters.

Investing.com - Stocks were slumping to near-session lows in late trading as investors tried to understand the Trump Administration's thinking on limiting investment dollars from flowing to China.

  • Ideas being considered even include delisting Chinese stocks from U.S. markets, according to Bloomberg News.

  • The S&P 500 was down 1% by 3:05 PM ET (19:05 GMT). The Nasdaq Composite was off about 1.6%. The Dow Jones Industrial Average had fallen 0.6%, or 152 points, after falling as many as 175 points. The blue chips had been up as many as 121 points early in the day.

  • The slump was hitting technology stocks like Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) hardest, as well as electronic payment processor Visa (NYSE:V).

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