U.S. Commerce Department on Monday to tighten restrictions on Huawei's access to U.S. technology and semiconductors - Reuters reports, citing sources

Market news

17 August 2020

U.S. Commerce Department on Monday to tighten restrictions on Huawei's access to U.S. technology and semiconductors - Reuters reports, citing sources

Will add another 38 Huawei affiliates in 21 countries to the U.S. economic blacklist
Will stipulate by a new separate rule that all companies on the economic blacklist will require a license when a company like Huawei on the list acts as a purchaser, intermediate consignee, ultimate consignee, or end-user

China's Cabinet: China will keep liquidity reasonably ample but will not resort to "flood-like" stimulus - Chinese state media

S&P 500 Index: Risk for a correction lower ahead record high at 3394 - Credit Suisse

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