US stocks drop after China escalates tensions with consulate order

Business Insider

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· *US stocks slipped on Friday after China ordered the closure of the US's consulate in Chengdu, ratcheting up tensions between the economic superpowers.*
· *The escalation comes after the US made a similar order on Wednesday and revived fears of a tit-for-tat economic conflict.*
· *Investors also weighed earnings misses...

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