News Snapshot:
China’s stock market was dealt a blow as House Speaker Nancy Pelosi arrived for a historic and controversial visit to Taiwan on Tuesday. Pelosi’s heavily anticipated visit sent the stock market into its largest plunge in more than two months as investors reacted to escalated tensions between the United States and China, Reuters reported. The trip has inflamed relations between the two countries as China has made threats over the trip. Taiwan is an island located about 80 miles off the coast of mainland China that has been governed independently since 1949. It has long been a point of contention...
