Communications services companies fell amid risk-off trading.
President Biden’s Commerce Department published an online-security rule aiming to strengthen its legal hand against foreign-based apps –including TikTok – that could threaten the U.S. The move comes as the U.S. continues to weigh what to do about the popular video-sharing app owned by Beijing-based ByteDance, as well as other Chinese-based apps.
The…
Read the full article here
