U.S. eyeing possibility of delisting Chinese firms from U.S. exchanges- source

The U.S. government is considering the possibility of delisting Chinese companies from U.S. exchanges, a source briefed on the matter said, in what would be an escalation of trade tensions between the U.S. and China.

The move would be part of a broader effort to limit U.S. investments into China, the source said.

The news spooked investors who pushed major indexes into the red.