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Huawei ban clouds U.S.-China trade talks, tech sector

A U.S. bid to block China's Huawei Technologies from buying vital American technology threw into question sales from some of the largest tech companies and drew a sharp rebuke on Thursday from Beijing, which warned it could hurt trade talks......»»

Category: topSource: reutersMay 16th, 2019

Trade hopes lift S&P to record high

U.S. stocks climbed Monday, led by tech stocks on optimism for progress in U.S.-China trade talks and signs of a likely reprieve for Chinese telecom company Huawei. Fred Katayama reports......»»

Category: videoSource: reutersJul 1st, 2019

Trade hopes lift S&P to record as tech leads

U.S. stocks climbed on Monday, but finished off earlier highs, led by gains in technology stocks on optimism for progress in U.S.-China trade talks and signs of a likely reprieve for Chinese telecom company Huawei......»»

Category: topSource: reutersJul 1st, 2019

Wall Street rises as trade hopes drive tech gains; S&P at record-high

Wall Street's main indexes rose on Monday, with the S&P 500 hitting an all-time high, as technology stocks gained on growing optimism around U.S.-China trade talks and a likely reprieve for Chinese telecoms company Huawei......»»

Category: topSource: reutersJul 1st, 2019

Wall Street rallies as trade optimism lifts tech stocks

Wall Street's main indexes rallied on Monday, with the S&P 500 hitting an all-time high, as technology stocks gained on growing optimism around U.S.-China trade talks and a likely reprieve for Chinese telecoms company Huawei......»»

Category: topSource: reutersJul 1st, 2019

Trump to let US firms sell tech to Huawei

Details have yet to be worked out, but the president says that as part of a deal to resume trade talks with China, he'll allow sales of gear that doesn't involve a security risk......»»

Category: topSource: moneycentralJun 30th, 2019

Trump says China trade talks "back on track," new tariffs on hold

The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing......»»

Category: topSource: reutersJun 29th, 2019

Wall St. rises on tech gains, trade hopes

U.S. stocks rose on Wednesday as gains in chipmaker Micron boosted the technology sector and comments from Treasury Secretary Steven Mnuchin fueled hopes that the United States and China were making progress in their trade talks......»»

Category: topSource: reutersJun 26th, 2019

China calls out U.S. "wrong actions" as Huawei ban rattles supply chains

Beijing said Washington needs to correct its "wrong actions" for trade talks to continue after the U.S. blacklisted Huawei, a blow that has rippled through global supply chains and battered tech shares as investors feared a looming technology cold war......»»

Category: topSource: reutersMay 23rd, 2019

Chevron, Sprint, Ocular Therapeutix, and More: Why These Stocks Are in the Spotlight

All eyes are on the tech sector after President Trump escalated the trade war with China by putting Chinese crown jewel Huawei on a blacklist......»»

Category: topSource: insidermonkeyMay 22nd, 2019

Wall St. pressured as Huawei fallout worries spark tech sell-off

U.S. stocks dropped on Monday, as Washington's restrictions on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies......»»

Category: topSource: reutersMay 20th, 2019

Wall St. lower as tech stocks sell-off on Huawei fallout worries

U.S. stocks fell on Monday, as Washington's crackdown on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies......»»

Category: topSource: reutersMay 20th, 2019

U.S., China bicker over "extravagant expectations" on trade deal

China accused the United States on Monday of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as U.S. action against China's technology giant Huawei began hitting the global tech sector......»»

Category: topSource: reutersMay 20th, 2019

After Huawei blow, China says U.S. must show sincerity for talks

The United States must show sincerity if it is to hold meaningful trade talks, China said on Friday, after U.S. President Donald Trump dramatically raised the stakes with a potentially devastating blow to Chinese tech giant Huawei......»»

Category: topSource: reutersMay 17th, 2019

U.S. blacklists China"s Huawei as trade dispute clouds global outlook

The Trump administration hit Chinese telecoms giant Huawei with severe sanctions on Wednesday, adding a new incendiary element to the U.S.-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks......»»

Category: topSource: reutersMay 15th, 2019

Market Snapshot: U.S. stock futures point to higher open, Cisco set to lift tech sector

U.S. stock-index futures were modestly higher on Thursday, suggesting a modest rebound from the previous session’s sharp decline as the currency crisis in Turkey showed signs of stabilizing and the U.S. and China appeared set to resume trade talks......»»

Category: topSource: marketwatchAug 16th, 2018

Trump roils markets with comments on China trade, Huawei

U.S. President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade talks into question, reviving concerns on financial markets that the bilateral dispute is unlikely to end anytime soon......»»

Category: topSource: reutersAug 9th, 2019

Dangling Huawei in China trade talks could help Trump with key voters

The Chinese technology company Huawei and agriculture are key issues in U.S.-China trade negotiations. Both may help President Trump achieve another goal at home. Photo: Nicholas Kamm/AFP/Getty Images.....»»

Category: topSource: moneycentralJul 31st, 2019

Huawei warns on U.S. ban after China smartphone sales drive first-half revenue

Chinese tech giant Huawei Technologies warned on Tuesday a U.S. trade blacklisting will impact short-term revenue growth, even as its half-year revenue surged 23% thanks to soaring smartphone sales at home......»»

Category: topSource: reutersJul 30th, 2019

Highlights of the day: Cloud remains over Huawei

The US and China have restarted trade talks, but the cloud hanging over Chinese vendor Huawei remains. The latest news coming out of the supply chain is that Huawei has cut compo.....»»

Category: topSource: digitimesJul 30th, 2019

Huawei’s Santa Clara R&D arm is laying off hundreds of workers amid Trump’s trade war with China

Chinese tech giant Huawei is laying off more than 600 employees in the U.S. who worked for the company’s research and development division Futurewei, Reuters reports. Futurewei operates a major office in Santa Clara, where a Reuters reporter interviewe.....»»

Category: topSource: bizjournalsJul 23rd, 2019