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GameStop shares tumbled 19.7% Friday after the video game retailer said it plans to sell additional shares and reported preliminary results that showed a drop in first-quarter sales.
The narrative is enticing, plausible and wrong. And it is being ruthlessly exploited to justify protectionism on a scale unprecedented since the 1930 Smoot-Hawley Act, which eventually imposed mountainous tariffs on more than 20,000 imported goods.
The Dow Jones Industrial Average closed Friday above the key 40,000 level for the first time in history, a day after hitting that benchmark in the previous trading session.
NEW YORK -- Super Hi International, the overseas operator of Chinese hot pot chain Haidilao, soared 46% above its opening price in the first hour of trading after it went public on the Nasdaq Friday morning.
This is CNBC's live blog covering European markets.
French President Emmanuel Macron’s ambitions to deepen French influence in the Pacific, where China is expanding its security ties, could be put at risk by the heavy-handed response to civil unrest in New Caledonia, Pacific analysts and officials said.
The threat of potential US sanctions over a port deal between India and Iran is unlikely to deter New Delhi from pressing ahead with the project seen as crucial for its ambition to boost trade with Central Asia and counter Chinese influence in the region, analysts say.