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

Stock Markets Sep 27, 2019 03:24PM ET
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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).

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

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Comments (2)
Miyelani Hlengani
Miyelani Hlengani Sep 27, 2019 4:13PM ET
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So how far can we expect it to go down
Chonggee Lim
Chonggee Lim Sep 27, 2019 4:13PM ET
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more room for downside in coming weeks
Akhil Gaur
Akhil Gaur Sep 27, 2019 3:24PM ET
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I may be wrong with big margin but I strongly feel that Trump keeps this feeling of uncertainty alive purposely by these gimmicks. When we start to think that things are smooth now and risk appetite among traders start to increase, Trump throws a hint in market and everything starts to run anti clack wise.
Ken Lu
Ken Lu Sep 27, 2019 3:24PM ET
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If you think about it, he is the smartest president, he literally controls the movement of the market by what he says. He can lift or drop as he wishes
Mike Makkar
Mike Makkar Sep 27, 2019 3:24PM ET
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Trump is being erratic because impeachment trials are closing in on him! He is going to use the economy as hostage to clear him of any wrong doing!
Timothy Yap
Timothy Yap Sep 27, 2019 3:24PM ET
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100% spot on!!!
 
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