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Market Update: Huawei CFO to Appear in Canada Court

Posted Friday, December 7, 2018 by
Arslan Butt • 1 min read

Global stock markets continue to trade bearish ever since Canada arrested top executive of China’s Huawei Technologies.

What’s the development?

Meng Wanzhou, the CFO of Huawei, is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the United States. The SPX, NKY, and DAX are likely to trade bearish over the uncertainty.

  • S&P 500 2,695.95, down -0.15%
  • Nasdaq 100 6,838.85, up +0.64%
  • Dow 30 24,947.67, down -0.32%
  • FTSE 100 6,704.05, down -3.15%

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