The Commerce Department announced that it will amend foreign direct product rules to restrict Huawei from access to semiconductors made with US software. A 90-day extension was granted to Huawei but the Department warned that it will likely be the final one. US500 dropped 15 pts on the news while DE30 pulled back more than 50 pts so far.
Stocks dropped after the US Commerce Department issued a statement on Huawei. Source: xStation5
Daily summary - Government stays shut, Market declines, crypto recovers
Extended decline at the end of a week! 🚨
US OPEN: Market extends decline at the end of the week
Daily summary: Optimism on Wall Street eases again🗽US Dollar drops from recent highs