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Escalating China tensions could become an obstacle for U.S. stock rally

Posted: Mon Jun 01, 2020 10:42 am
by Mark Fournier
NEW YORK/BOSTON -- U.S. President Donald Trump's directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to put China-U.S. tensions back in the headlines over the coming months, creating a new driver of volatility in global equity markets. Some investors said Trump's move firmly brings back to the fore an issue that had receded earlier this year when Washington and Beijing struck a Phase 1 deal in their months-long battle over trade terms. Read More ... tock-rally