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Wall Street anticipates a split start to new China-US tensions


Wall Street anticipates a mixed login. The main US indices digest the latest tensions between China and the US, which resurrect the spirit of the pandemic trade war.

The US State Department has confirmed on Wednesday that it has ordered China to close its embassy in Houston, Texas, which has led Beijing to insist on strong retaliation unless Washington immediately reverses its decision, reports CNBC.

On the business front, Tesla and Microsoft They are the two big companies that publish their quarterly accounts this Wednesday at the close of the market.

The one that falls, and with force, is Snap. The company leaves 9% after publishing a loss of active daily users. United Airlines It also falls after publishing losses of 1,620 million in the second quarter. Pfizer It is the other side of the coin and it rises after knowing the government's approval to produce millions of doses of its future vaccine against the virus.

On the other side of the Atlantic, the Ibex increases its red numbers and loses the level of 7,400 points. Finally, in Asia the stock markets have closed with falls despite the push from China and after discounting the European pact.


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