Wall Street declines amid geopolitical tensions

2022-08-02 15:29:38 GMT (Economies.com)
Wall Street declines amid geopolitical tensions

US stock indices declined on Tuesday amid geopolitical tensions in US-China relations. 

 

US House of Representatives President Nancy Pelosi announced a visit to Taiwan today amid Chinese condemnation. 

 

China threatened military action due to this visit, an considered it a breach of US-China current relationship. 

 

China considers Taiwan a rogue Chinese territory and has threatened countless times to take over the island.

 

Dow Jones fell 0.6% to 32,601 as of 14:49 GMT, while S&P 500 declined 0.2% to 4,111, as NASDAQ added 0.1% to 12,374. 

 
 
 
  Symbol Last Change Chg.%
1.0199
0.0001
0.0128%
1.2067
-0.0050
0.4118%
20.604
0.239
1.174%
89.739
1.261
1.425%
96.01
-0.71
0.73%
1784.835
3.160
0.177%
 
 
US
 
Europe
 
Asia