The ongoing rivalry between the United States and China is causing headaches for stock investors.Image Credit: Google
The Trump administration has been cracking down on Chinese tech companies, and that has led to a sell-off in the tech sector.Image Credit: Google
The latest target is Chinese telecom giant Huawei, which was hit with a ban on doing business with the US government.Image Credit: Google
The US is also pressuring other countries to ban Huawei from their 5G networks.Image Credit: Google
All of this is causing uncertainty for investors, and that is reflected in the stock market.Image Credit: Google
The Dow Jones Industrial Average fell more than 200 points on Thursday, and the tech-heavy Nasdaq Composite Index was down more than 2 percent.Image Credit: Google
Investors are also worried about the trade war between the US and China.Image Credit: Google
All of this is adding to the uncertainty in the stock market, and it's likely to continue in the days and weeks ahead.Image Credit: Google
So, if you're an investor, be prepared for more volatility in the markets.
Despite the recent pullback, Frederick said he still sees positive momentum in the market.