Wall Street declines amid geopolitical tensions

1 year ago

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. 

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