Huawei CFO arrested on suspicion of violating U.S. sanctions

United States News

U.S. stocks tumbled at open on Thursday, as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked fears of a flare-up in Sino-U.S. tensions, while sliding oil prices added to the pressure. The Dow Jones Industrial Average fell 289.65 points, or 1.16 per cent, at the open to 24,737.42.

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