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Business

U.S., China exchange barbs over Huawei as trade tensions flare

The United States and China had a heated exchange on Thursday, with U.S. Secretary of State Mike Pompeo accusing Chinese telecom giant Huawei Technologies of lying about its ties to the government and Beijing saying Washington must end its "wrong actions" if it wanted trade talks to continue.

Business Video

Trade, global growth worries slam Wall Street

U.S. stock indexes slumped 2% on Thursday, as investors dumped technology, industrial and energy stocks on fears that a spiraling trade war between the United States and China would shackle global growth.

Markets

S&P » 2,808.59 -1.67%
Dow » 25,353.32 -1.64%
FTSE 100 » 7,231.04 -1.41%
Nikkei 225 » 21,151.14 -0.62%
US 10YR
+2.315
-0.078
DE 10YR
-0.125
-0.005
JP 10YR
-0.056
+0.003
USD / EUR » 0.8943 -0.26%
USD / GBP » 0.7896 -0.01%
USD / JPY » 109.5400 -0.70%