Wall Street gains after new US plan for China investments
US stock futures which were down about 0.5 percent spiked higher to trade flat after the news, which comes two days after reports said the U.S. Treasury was drafting curbs to block firms with at least 25 percent Chinese ownership from buying U.S. companies with "industrially significant technology".
US stocks rose on Wednesday after the Trump administration said it would use a strengthened security review process to deal with threats from Chinese investments in domestic technologies. Image source: Reuters