00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Donald Trump is weighing sanctions that would block exports of products made with
00:06U.S. software from laptops to jet engines, escalating trade tensions with China,
00:10who would fulfill his October 10th pledge to impose controls on any and all critical
00:14software following Beijing's restrictions on rare earth exports, according to Reuters.
00:18Trump's threat comes shortly before his planned meeting with Chinese President Xi Jinping
00:22in South Korea later this month. Tech stocks like Microsoft and Alphabet traded higher,
00:26while chip stocks including NVIDIA, AMD, and Marvel fell following Texas Instruments' weak
00:31earnings and muted guidance. For all things money, visit Benzinga.com.
Comments