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Stock impact report

Stocks fall on renewed trade war fears as Wall Street concludes volatile week [CNBC]

Skyworks Solutions, Inc (SWKS)  More Company Research Source: CNBC
Last skyworks solutions, inc earnings: 11/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.skyworksinc.com/investor-relations
PDF Stocks fall on renewed trade war fears as Wall Street concludes volatile week Trump also said the U.S. will not do business with Huawei Chipmakers Micron Technology and Skyworks Solutions both closed more than 2.5% lower. This comes after China decided to stop buying American crops and after the U.S. officially declared China a currency manipulator earlier this week. The U.S. designation came after China let its currency, the yuan, fall to its lowest level in a decade relative to the dollar, sparking the biggest sell-off of 2019 for stocks. "If there was any doubt, President Trump has clearly moved from trade wars to currency wars," said Harvinder Kalirai, chief fixed income and FX strategist at Alpine Macro, in a note. He said the Federal Reserve will be pushed towards aggressive easing measures if President Donald Trump keeps pressuring China. "Investors should incorporate intrinsic hedges to ride out market volatility and protect themselves from policy errors." Stocks had a will we [Read more]
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