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U.S. equity markets fought to avoid a three-day losing streak after the Trump administration announced the start of bans on Chinese apps WeChat and TikTok.U.S. equity markets fought to avoid a three-day losing streak after the Trump administration announced the start of bans on Chinese apps WeChat and TikTok. The Dow Jones Industrial Average fell 35 points, or 0.12%, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 0.1% and 0.4%, respectively. The Trump administration will block U.S. downloads of social media apps WeChat and TikTok beginning Sunday. WeChat services in the U.S. will be blocked beginning on Sunday evening while TikTok will remain operational in the U.S. until Nov. 12, allowing time for a deal on the takeover of its U.S. operations. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. |
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