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World shares fall as Huawei sanctions stir trade fears

May 17, 2019

Via: ABC News

Global markets were mostly lower on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations with China.

Germany’s DAX slid 0.8% to 12,215.20 and the CAC 40 in France lost 0.5% to 5,418.70. Britain’s FTSE 100 fell 0.5% to 7,319.61.

Stocks in the U.S. were set for early losses, with the future contract for the S&P 500 index dropping 0.5% to 2,863.70 and that for the Dow also down 0.5% at 25,746.00.

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