10 Stocks Sensitive To Major Developments In US-China Trade Talks
The "phase one" trade deal announced by the U.S. and China Friday saw many stocks jump, with investors breathing a sigh of relief as the U.S. pulled back on $160 billion in new tariffs that were set to go into effect Sunday. A number of sectors — including tech, biopharma and airlines — traded higher on the news. Here's a look at some of the stocks that moved on the latest trade war development. Technology Stocks SINA Corp (NASDAQ: SINA ) is a Chinese technology company which operates four major business lines: Sina Weibo, Sina Mobile, Sina Online and Sinanet. The stock was trading 0.93% higher at $38.15 at the time of publication. Weibo Corp (NASDAQ: WB ) is a Chinese social network company spun off from Sina Corp. that's known for the microblogging website Sina Weibo. It is based in Beijing, China. Weibo Corp shares were trading 1.12% higher at $45.86 at the time of publication. Alibaba Group Holding Ltd - ADR (NYSE: BABA ) is … Full story available on Benzinga.com
10 Stocks Sensitive To Major Developments In US-China Trade Talks
The "phase one" trade deal announced by the U.S. and China Friday saw many stocks jump, with investors breathing a sigh of relief as the U.S. pulled back on $160 billion in new tariffs that were set to go into effect Sunday. A number of sectors — including tech, biopharma and airlines — traded higher on the news. Here's a look at some of the stocks that moved on the latest trade war development. Technology Stocks SINA Corp (NASDAQ: SINA ) is a Chinese technology company which operates four major business lines: Sina Weibo, Sina Mobile, Sina Online and Sinanet. The stock was trading 0.93% higher at $38.15 at the time of publication. Weibo Corp (NASDAQ: WB ) is a Chinese social network company spun off from Sina Corp. that's known for the microblogging website Sina Weibo. It is based in Beijing, China. Weibo Corp shares were trading 1.12% higher at $45.86 at the time of publication. Alibaba Group Holding Ltd - ADR (NYSE: BABA ) is … Full story available on Benzinga.com