Headlines
The US-China trade negotiations may lead to a break in the stocks by the end of the year
It has been nearly two years now that the two countries have been going through a significant trading threat, and things are not stable yet.
After the Federal Reserve delivered the third straight rate cut this week, it now depends on how the battle between China and President Donald Trump turns out by the end of the year.
On Thursday, stocks took a hit, which leads China to doubt whether they could maintain a healthy long-term trade relationship with the United States due to the impulsive decision-making nature of Trump.
The chipmakers have been held as the usual suspects. Since Trump has blacklisted Huawei back in May for security concerns, the chip makers have been quite sensitive to the headlines.
Recommended News:
- Antonio Banderas recalls the memories of the 90s when Madonna pursued him
- Pregnant mothers who took ACETAMINOPHEN during pregnancy may give birth to children with ADHD and Autism
- Bacteria need genetic ‘passcode’ to survive in the human gut
According to Refinitiv, Micron Technology, Nvidia, Qualcomm, Broadcom, Qorvo, and AMD are the top S&P 500 companies, coming up with the highest exposure of revenue in China. Apart from that, Apple has also contributed 19.6% of its sales exposure to China.
The two significant casinos namely, Las Vegas Sands and Wynn Resorts, have shown 61% and 75% revenue exposure to China, respectively.
-
Entertainment5 months agoAshley Graham flaunts her baby bump at style in an all-black bra and underwear
-
Entertainment6 months agoThe Tame Impala band returns with a mysterious video on their website
-
Entertainment5 months agoKylie Jenner dresses up her daughter Stormi as herself for Halloween
-
Headlines5 months agoDetectives question about the California teen of high school after spotting him with a gun
-
Entertainment5 months agoAntonio Banderas recalls the memories of the 90s when Madonna pursued him
-
Entertainment6 months agoAngelina Jolie reveals her mental state after the split with Brad Pitt and how she overcame it during shooting Maleficent 2
-
Health5 months agoThe scientists have finally cracked the secret to longevity
-
Headlines5 months agoThe newly developed DNA methods could crack the murder case, but NY is not allowing