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MORNING BID AMERICAS-Alphabet flubs, Yen surges, China returns

Wall Street stocks tilt lower as Alphabet's poor results and China tariff hike plans cloud the market. U.S. stock futures are in the red as shares in Alphabet plunge 7% and Advanced Micro Devices falls 9%. Japan's yen surges as wage numbers rekindle talk of a Bank of Japan rate hike. Chinese markets fall as hopes of a meeting between Trump and Xi to avert the tariff war are doused. U.S. Postal Service suspends parcels from China and Hong Kong as Trump ends a trade provision. Private sector business surveys show China's services activity expanded at a slower pace in January.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14363239/MORNING-BID-AMERICAS-Alphabet-flubs-Yen-surges-China-returns.html
Source Id: 8533443144

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