Wall Street

Wall Street set to open lower as U.S.-China tensions grow

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Reuters

By Aniruddha Ghosh and Devik Jain (Reuters) -U.S. stock indexes were set to open lower on Tuesday on concerns that a planned visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan could worsen tensions between the United States and China. The latest geopolitical uncertainty comes at a time when financial markets are already dealing with the fallout from a war in Ukraine, energy crisis in Europe, soaring inflation and tightening of financial conditions. Shares of chipmakers, which have a large exposure to China, fell in premarket trading. Advanced Micro Devices, Qualcomm, Intel C…

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