Wall St. drops as tech stocks tumble on Huawei fallout fears Unlisted Video

U.S. stocks fell on Monday, as a crackdown on China’s Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations.Show more

U.S. suppliers of Huawei, including Qualcomm, Micron Technology and Broadcom Inc, fell about 5%, while the Philadelphia Semiconductor Index slid 2.88%, its lowest level in over two months.