Wall Street Breakfast: A Protracted Trade Dispute

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U.S. stock index futures are on edge once again, flipping between red and green overnight, as the Trump administration delivered a one-two punch to China's Huawei Technologies. A ban was announced that will bar the firm from buying vital U.S. technology without special approval and effectively prohibits its equipment from U.S. telecom networks on national security grounds. Speculation as to whether China would dump its U.S. debt as a trade war weapon was also renewed as Beijing sold the most Treasurys in almost 2.5 years in March, offloading $20.45B and taking the country's total holdings to $1.12T.

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