Stocks fall early Friday after data showed U.S. April retail sales plunged more than forecast and on reports the Trump administration will block shipments of semiconductors to China’s Huawei Technologies, stoking fears of renewed trade tensions as the global economy struggles to emerge from lockdowns aimed at containing the COVID-19 pandemic.
Stocks fall early Friday after data showed U.S. April retail sales plunged more than forecast and on reports the Trump administration will block shipments of semiconductors to China’s Huawei Technologies, stoking fears of renewed trade tensions as the global economy struggles to emerge from lockdowns aimed at containing the COVID-19 pandemic.