Wall Street closes lower on underperforming tech
The US crackdown on Chinese telecom companies impacted tech giant Huawei, which in turn dragged the US tech sector down. Several companies registered noticeable losses, including Apple (-3.1%), Google (-2%) and Qualcomm (-6%). Major indices DJ30, SPX500 and NSDQ100 closed lower as a result. After markets closed, it was reported that the US is easing some of the restrictions on Huawei, which could have a positive impact on US tech stocks today.
Today’s highlights: Bitcoin remains below $8,000
Stocks earnings releases on 21/05/19
Stocks earnings releases on 22/05/19
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21/05/2019 appeared first on eToro.