#Tencent Hits #Tech as Treasuries, Dollar Advance: Markets Wrap

By Bloomberg Markets / August 15, 2018 / www.bloomberg.com / Article Link

U.S. stocks had their worst day in seven weeks Wednesday amid a broad decline in global equities as technology shares were roiled by disappointing results from Chinese internet giant Tencent Holdings Ltd. and copper sank into a bear market, weighing on commodities. Crude oil slipped below $65 a barrel following a report that American stockpiles rose the most since March 2017.Read full news

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