The Hang Seng Index reversed its downward trend in Hong Kong on Thursday (February 12th), weakening by around 0.9% to around 27,000 after a strong session earlier. This decline halted the momentum of the short term rally, as investors began to reduce risk in large cap stocks. Among the index's contributors, Tencent was a major drag, with its shares falling by around 2.3%, putting pressure on the technology sector, which has recently been a driving force behind market gains. Weakness in large cap companies like this typically quickly impacts sentiment due to their significant weighting in...
Japanese stocks fell slightly after setting a new record the previous day, as investors began to take profits. The Nikkei 225 weakened around 0.3% to 50,383, while the Topix fell 0.5% to 3,308, dragged down by electronics and service sector stocks. After the euphoria surrounding the Nikkei breaking through 50,000 for the first time, market focus now shifts to the meeting between Prime Minister Sanae Takaichi and US President Donald Trump in Tokyo. The meeting is expected to discuss defense cooperation and possible Japanese investment in the US—two issues that could be new catalysts for the...
European stocks were slightly higher on Monday as traders look ahead to the U.S. Federal Reserve's meeting, more earnings and signs of a rapprochement between Washington and Beijing. The pan-European Stoxx 600 was up 0.1% at 3:15 p.m. in London The U.K.'s FTSE 100 index was little changed for the session, while France's CAC 40 was over 0.1% higher, as Germany's DAX gained 0.1% and Italy's FTSE MIB added 1%. Regional markets had ended last week higher as investors reacted to the latest U.S. inflation print, the only federal data to be released during the ongoing government shutdown, and a...
Wall Street's main indexes opened at record highs on Monday, as expectations of a U.S.-China trade truce fueled risk-taking in a week packed with Big Tech earnings and a likely Federal Reserve rate cut. At 09:30 a.m. ET, the Dow Jones Industrial Average (.DJI), opens new tab rose 315.67 points, or 0.67%, to 47,530.09, the S&P 500 (.SPX), opens new tab gained 63.83 points, or 0.92%, to 6,856.09 and the Nasdaq Composite (.IXIC), opens new tab gained 335.24 points, or 1.45%, to 23,544.00. Source: Reuters.com
The Hang Seng jumped 274 points, or 1%, to end at 26,434 on Monday, rising for the third session. A surge in U.S. futures boosted sentiment, amid renewed optimism over a potential U.S.-China trade deal after top officials outlined a framework to ease tensions ahead of a meeting between President Trump and Xi Jinping later this week. Meantime, the U.S. Fed is widely expected to cut interest rates by 25bps after consumer prices rose slightly less than expected in September. In fresh data, China's industrial profits grew 3.2% yoy in the first nine months of 2025, much faster than 0.9%, with...
European stocks continued to strengthen on Monday, October 27, 2025, as markets grew more confident after the US and China announced they had a preliminary framework for a trade agreement. The pan-European STOXX 600 index rose around 0.2%, Germany's DAX index moved up around 0.1%, and the UK's FTSE 100 gained around 0.7%. Investors saw signs that trade tensions between the world's two largest economies were beginning to ease, making the risk of a global recession feel slightly less looming. This gain comes after an already very strong week. The FTSE 100 just hit a record close above 9,600...