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US stocks rally on Huawei reprieve as pound gyrates on Brexit news

Bangkok Post Wednesday, 22 May 2019
NEW YORK - Global stocks rallied Tuesday as the United States took a step away from imposing crushing restrictions on Chinese telecom company Huawei, while the pound gyrated on fresh Brexit drama.
Credit: Wochit News - Published < > Embed
News video: Wall St. Drops As Tech Stocks Tumble On Huawei Fallout Fears

Wall St. Drops As Tech Stocks Tumble On Huawei Fallout Fears 00:51

U.S. stocks fell on Monday, as a crackdown on China’s Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations. U.S. suppliers of Huawei, including Qualcomm, Micron Technology and Broadcom Inc, fell about 5%, while...

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