Shares have been hit by the shock arrest of Huawei CFO Meng WanzhouLatest: European stock markets hit lowest since December 20161.20pm: FTSE 100 down 145 points at 6777London stock market hits two-year lowFTSE 100 lower than in 1999!Huawei arrest shatters market confidenceShares have slumped in Asia – China down 2% 1.46pm GMT Newsflash: America’s trade gap with China has hit a record high; news that may send Donald Trump’s blood pressure rising too.#BREAKING: US trade deficit hits 10-year high on record imports pic.twitter.com/AZSRePyz8J 1.37pm GMT The latest US jobs data isn’t too encouraging.American companies hired 179,000 new workers last month, according to payroll firm ADP. That’s 16,000 fewer than expected, and may show that the US labor market has peaked.ADP REPORT: U.S. JOB GROWTH STRONG, BUT HAS LIKELY PEAKED Continue reading…
Via: Stock markets slump as Huawei arrest fuels trade war fears – business live

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