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Dow Futures Dip, European Tech Slides, as Huawei Blacklist Adds to Trade Concern

Martin Baccardax

Global stocks edge lower as moves to remove and delay tariffs last week by the White House were offset by the tech sector's reaction to the U.S. blacklisting of Huawei. Optimism was held in check by comments from President Donald Trump threatening the "end of Iran" as tension in the Gulf region continue to flare. Global oil prices jump higher following the President's Iran-related Tweet and comments from Saudi energy minister Khalid al-Falih that suggests the cartel will extend its agreement on production cuts next month in Vienna.