Stocks fall on report US may limit tech exports to China

Stocks fall on report US may limit tech exports to China

6 years ago
Anonymous $cyhBy-qkd5

https://apnews.com/be7e36a39bea4fd3b092d49d01c6d5ef

NEW YORK (AP) — U.S. stocks are falling Monday morning following losses in Europe and Asia, and technology companies are skidding after The Wall Street Journal reported that the Trump administration plans to limit high-tech exports to China and will limit Chinese investment in American technology companies. Harley-Davidson is falling after it said it will shift the production of some motorcycles to Europe in response to taxes the EU put on U.S. exports.

KEEPING SCORE: The S&P 500 index shed 27 points, or 1 percent, to 2,727 as of 10 a.m. Eastern time. The Dow Jones Industrial Average lost 275 points, or 1.1 percent, to 24,303. The Nasdaq composite fell 107 points, or 1.4 percent, to 7,585. The Russell 2000 index of smaller-company stocks slid 21 points, or 1.3 percent, to 1,663.

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