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Global Markets: Stocks slide as Huawei arrest risks new strains in U.S.-China ties

Reuters  |  TOKYO 

By Hideyuki Sano and Daniel LeussinkTOKYO (Reuters) - U.S. stock futures and Asian shares slumped on Thursday after Canadian authorities arrested a top executive of Chinese tech giant Huawei for extradition to the United States, feeding fears of a fresh flare-up in tensions between the two superpowers.The news came as Washington and Beijing are set to begin negotiations aimed at de-escalating their bruising trade war, which is adding to deepening worries over higher U.S. interest rates and other risks to global growth.The sell-off looked set to extend into European trading, with spreadbetters ...

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First Published: Thu, December 06 2018. 12:30 IST