Technology shares could be in the cross-hairs as tensions between China and the U.S. rise.
U.S.-China relations are worsening and analysts say technology shares, in particular, could be vulnerable to retaliation from Beijing.
Stocks rose on Friday afternoon after Trump's comments because he did not ratchet up trade tensions, while condemning China's actions. The semiconductor sector is at the heart of the U.S.
""As long as the U.S. continues to be careful with its punitive measures, then China will probably act in similar fashion," Christopher said. Beyond tech, industrial companies could also be at risk, he added.In a report to the National People's Congress last week, Chinese Premier Li Keqiang vowed that Beijing will work toward the liberalization of global trade and investment. He specifically acknowledged that China will work with the U.S. to implement the phase one trade deal.
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