Tech stocks are down and the dollar dithers on US Fed decision
Tech stocks shed 1.6% after Donald Trump warned that China’s ByteDance should not keep control of the US operations
17 September 2020 - 12:36
London — The dollar stirred and equities recoiled on Thursday after a divided US Federal Reserve dented stimulus hopes, TikTok’s tug-of-war clobbered tech stocks, and dire European car sales underscored coronavirus troubles.
Traders were also watching Bank of Japan and Bank of England meetings as well as plenty more too, but the tone was set by the events overnight at the Fed and in the tech war...
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