United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

China Trade Overhang Weighs on Dow as Hong Kong Protestors Disrupt Air Travel

Video Credit: The Street - Duration: 00:46s - Published < > Embed
China Trade Overhang Weighs on Dow as Hong Kong Protestors Disrupt Air Travel

China Trade Overhang Weighs on Dow as Hong Kong Protestors Disrupt Air Travel

The Dow Jones Industrial Average will face headwinds Monday following a note published by Goldman Sachs over the weekend saying that the U.S.-China trade war could last until after the U.S. presidential election in 2020.

The firm also said that its fear that the trade war will lead to a recession is growing.

Speaking of China, protesters in Hong Kong forced Hong Kong International airport to cancel flights due to disruption caused by demonstrators.

Residents of the financial hub are protesting a new law that would allow for the extradition of residents to mainland China.

The protests have been ongoing for about two months, and have grown increasingly violent despite a police crackdown.

Finally, Viacom and CBS Corp are expected to come to a merger agreement as soon as Monday, leading CBS shares higher as Viacom shares decline.

The two media companies were once part of the same entity.

Shari Redstone, a veteran of both companies, is expected to be the chairperson for the combined group, with Viacom CEO Bob Bakish expected to become the CEO for both companies.

Premium Pick: Dissecting 'Dow Diamonds' to Unearth Clues of Recent Rebound Dog Days of Summer: Why the Fed Must Continue Cutting Rates Now, According to This Veteran Trader C-Suite: AMD CEO Lisa Su Talks New Chips, Confirms She's Staying: 'I Have A Lot to Do' Ask the Expert: Cannabis One CEO Believes Now Is the Time to Invest in Cannabis Ready to Retire: The Biggest Threat to Your Retirement?

Check Your Basement TheStreet Feature: Here's Something Investors May Be Missing About the Drone Revolution Advice: Top Women Leaders Share the Keys to Business Success Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Experts raise issue of human rights violation by China in Tibet Xinjiang and Hong Kong [Video]Experts raise issue of human rights violation by China in Tibet Xinjiang and Hong Kong

Experts raise issue of human rights violation by China in Tibet Xinjiang and Hong Kong

Credit: ANI     Duration: 01:35Published

100 days of protests in Hong Kong in 100 seconds [Video]100 days of protests in Hong Kong in 100 seconds

How a controversial extradition bill with China sparked months of violent protest.

Credit: BBC World News - Affiliate     Duration: 02:01Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.