Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Wall Street declines amid geopolitical tensions

Economies.com
2022-08-02 14:51 UTC

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. 

Was this useful?

Thanks for your feedback.

American Markets News

Europe News

Markets

Gold and silver retreat as Fed rate hike expectations rise ahead of US inflation data
2026-11-10 09:46 UTC
Gold and silver prices declined on Tuesday, November 10, as investors took profits following ...
Europe News

Markets

European stocks climb as banking rally and lower oil prices lift sentiment
2026-11-09 12:15 UTC
European stocks advanced on Monday, November 9, recovering from last week's losses as strong ...
Europe News

Markets

US dollar retreats as improving risk appetite offsets strong payrolls data
2026-11-09 11:25 UTC
The US dollar weakened on Monday, November 9, surrendering part of Friday's sharp gains as ...