Fox Business contributor John Solomon discusses Chinese companies taking advantage of an Obama-era stock market deal.
U.S. equity markets slipped Friday but registered solid weekly gains as investors focused on the reopening of the American economy while also keeping tabs on Chinese President Xi JInping’s efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend.
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For the week, all three of the major averages gained 3 percent. On Friday, the Dow ended slipped 0.04 percent, while the S&P 500 and the Nasdaq Composite gained 0.10 percent and 0.28 percent, respectively.