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Stock impact report

UPDATE 1-Banks, luxury stocks hammered as Chinese trade fears hit Europe [Reuters]

Prudential (PUK)  More Company Research Source: Reuters
US:NYSE Investor Relations: investor.prudential.com
PDF UPDATE 1-Banks, luxury stocks hammered as Chinese trade fears hit Europe (For a live blog on European stocks, type LIVE/ in an Eikon news window) * Trump warns of “strong reaction” on Beijing’s HK move * Asia-focussed Prudential top decliner on the STOXX 600 * Burberry edges up despite sales drop, dividend pull (Adds comment, updates prices) By Sruthi Shankar May 22 (Reuters) - European shares fell on Friday as a deterioration in U.S.-China ties compounded fears of a slower recovery from the economic damage wreaked by the COVID-19 pandemic. Beijing on Thursday planned to impose a new security law in Hong Kong, raising prospects of fresh protests in the global financial hub and drawing a warning from U.S. President Donald Trump that Washington would react “very strongly”. Rising tensions between the world’s two largest economies have stalled a recovery in equity markets in recent weeks after Trump accused China of mishandling the coronavirus outbreak. The pan-European STOXX 600 fell 1. [Read more]
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