Joshua Mahony, chief market analyst at Scope Markets, predicts that the ruling against Nvidia could strain those US-China trade talks in Madrid:
Attention in the US remains fixed on trade and monetary policy, with US-China negotiations in Madrid likely to be strained by the Chinese ruling that Nvidia had violated anti-monopoly laws.
The Chinese market regulator’s ruling has dragged the tech giant 2.2% lower in pre-market trade, putting downward pressure on the wider markets
