'For [Huawei] to say that they don’t work with the Chinese government is false,' US Secretary of State Mike Pompeo said.
Fri, 24 May 2019
Stocks fell about 400 points overnight as investors reshuffled their tech holdings after more sparring between Washington officials and Chinese telco Huawei.
The Dow Jones Industrial Average fell 402 points as IBM and United Technologies lagged. The S&P 500 also fell 2% as shares in the cyclical
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