Stocks rebound on relief at Trump's response to China over Hong Kong


The Dow Jones Industrial Average fell 17.53 points, or 0.07%, to 25,383.11, the S&P 500

NEW YORK: A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington's special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.

Trump said China broke its word over Hong Kong's autonomy but did not mention any action that would undermine the Phase 1 trade deal that Washington and Beijing signed this year.

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