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Stock impact report

Futures tumble as China executive arrest threatens trade truce [Reuters]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: Reuters
Futures tumble as China executive arrest threatens trade truce | Reuters 3 Min Read (Reuters) - U.S. stock index futures fell more than 1.5 percent on Thursday, as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked fears of a flare-up in Sino-U.S. tensions, while sliding oil prices added to the pressure. The arrest of Huawei Technologies Co Ltd’s Chief Financial Officer Meng Wanzhouof in Canada triggered fresh doubts over the prospect of Washington and Beijing striking a deal in their 90-day truce period. Investor worries that a protracted trade war would dent global growth were exacerbated on Tuesday by a drop in longer-dated U.S Treasury yields and culminated in Wall Street’s three major indexes closing down more than 3 percent. Adding to those concerns on Thursday was a drop in oil prices after the Organization of the Petroleum Exporting Countries signaled it may agree to a smaller-than-expected cut in crude output. “The indices Show less Read more
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