Take a fresh look at your lifestyle.

Falls on Wall Street after another bad data on unemployment and China-US tensions


Wall street (Dow Jones -1.31%; S&P 500 -1.23%; Nasdaq -2.29%) is trading at this time on Thursday with sharp falls after the worrying weekly jobless claims in the US. Investors are also awaiting the new give and take between China and the US with their consulates in between.

It all started in Houston. The US has ordered the closure of the Chinese consulate in the city, rekindling the conflict between both countries.

Washington has argued that this is a necessary step to protect the intellectual property and privacy of its citizens. The Chinese response was immediate and, according to the South China Morning Post on Thursday, the Asian colossus will in turn close the US consulate in Chengdu.

Analysts CMC Markets they point out that, if this information were true, it would be a "rather measured" response. Other experts say that if China wanted to be serious, it would order the closure of the American consulate in Hong Kong.

Within the business front, the results of Tesla, that did not leave anyone indifferent last night after returning to present surprising quarterly results. The Silicon Valley automaker had reported three consecutive quarters of earnings. This fourth consecutive profit places it on the verge of entering the S&P 500. The other side of the coin has been American Airlines, which has lost $ 4,308 million until June due to the pandemic.

Across the Atlantic, the Ibex has ended in green despite the increases Cellnex and Bankinter, the best values. Finally, in Asia, the stock markets have closed with a mixed sign, looking askance at the resurgence of the trade war.

. (tagsToTranslate) Falls (t) Wall (t) Street (t) after (t) other (t) bad (t) data (t) unemployment (t) tensions (t) China-USA (t) Category: All ( t) Category: Market Report (t) Category: Company News (t) Category: Economic News (t) Category: Political News (t) Category: Pulses (t) Category: Market Pulse (t) Category: Currency Pulses (t) Category: Pulses Raw Materials (t) mostread_ultimas (t) mostread_fundsnews (t) mostread_empresas (t) mostread_economia (t) mostread_politica (t) mostread_mercados

Leave A Reply

Your email address will not be published.