Today's Market Overview 

News &Tips: stocks slip, Rolls Royce, AstraZeneca & more

News &Tips: stocks slip, Rolls Royce, AstraZeneca & more

Growing worries about Sino-US relations are giving traders in London the excuse to book some of their recent profits. Our Trader writer Neil Wilson says: 'Stocks are ending May on a slightly downbeat note, but investors have definitely been accentuating the positive this week and for the whole of May. Thank goodness, Covid-19 is getting bumped off the headlines; trouble is it’s not for good news. At last though we are seeing some caution displayed in the markets over China’s decision to impose national security legislation on Hong Kong and the ensuing ramp up in US-China tensions. US stocks were positive for most of Thursday before sharply reversing in the last hour and closing in the red, after the White House announced that Donald Trump would hold a press conference on China on Friday. ‘We are not happy with China. We are not happy with what’s happened’, he said. For Neil's full article, click here. 

*From next week we are retiring this News & Tips article in its current form to allow our writers to concentrate on publishing more analysis on the stories that matter earlier in the day. We will still round up the most important stories of the morning and incorporate them in Neil Wilson's Market Outlook which will be published by 10am every morning. Click here to sign up to receive the daily Market Outlook email, or update your preferences in the My Details area of the website.' *

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