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US accuses China government of blocking US airlines flying to China

  
  Analysis
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The US Transportation Department is trying to persuade China to allow the resumption of US passenger flights in.

  • Reuters says the department notes that Delta and United want to resume passenger flights to China in June – but said US government talks with China had failed to produce an agreement
  • The dept temporarily blocked some China flights inbound the US this week.
More detail at that link above. This does seem to be a minor sort of spat, but as I noted previously, add it to the list if issues between the US and China:
  • coronavirus origin and spread
  • trade
  • tension over new rules from Beijing to be imposed on Hong Kong
  • Taiwan
  • and maybe nuclear tests soon?
The US Transportation Department is trying to persuade China to allow the resumption of US passenger flights in.
  
Analysis, US Market
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A few big names weighed and tech struggled

On the day:
  • S&P 500 down 12 points to 2986 (-0.4%)
  • DJIA -0.9%
  • Nasdaq -0.8%
On the week:
  • S&P 500 +0.5%
  • DJIA -0.2%
  • Nasdaq +0.4%
A report saying that there are text messages showing Boeing executives worked to hide safety problems from the FAA sent shares of the industrial giant down 6.38% in the biggest slide since Feb 2016. Shares of J&J were also soft on a lawsuit.
The S&P 500 is consolidating ahead of the all-time high of 3027.
A few big names weighed and tech struggled
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