S&P 500 is down by more than 0.2% after release an information that White House weighs limits on US portfolio flows into China. This move wyold have repercussions for billions of dollars. Administration is considering among others delisting Chinese companies from US stock exchanges or limiting US exposure to Chinese market through government pension funds. Trump said that supports review of invetment limits on China. This is very bad news ahead of trade talks next week between the US and China.
Daily summary: Wall Street climbs higher as oil falls 📈 SpaceX surges 28%
Wall Street Rebounds as Oil Prices Fall 📈 Adobe Shares Drop 8% After Earnings
French luxury companies and banks gain as the inflation rises
Market Wrap: Inflation rises and de-escalation. Airlines recover losses.