US stocks maintained their sluggish momentum on Tuesday afternoon, expected to close the year relatively close to recent record highs as the market assessed the prospects for strong economic growth and the Fed's interest rate cuts amid concerns about excessive valuations for AI companies. The S&P 500, Nasdaq 100, and Dow held off from deviating significantly from the flatline. The minutes from the Fed's latest meeting confirmed that the FOMC was divided on how to weigh the conflicting risks of high inflation and unemployment next year, although there was broad consensus that there was...
Asian stock markets opened with limited movement on Wednesday morning (December 31, 2025), ahead of the year's close. Most indices moved slightly and without a clear direction, reflecting the cautious attitude of investors who chose to hold off before entering the new year. Trading activity also tended to be quiet as some market participants had already begun their year-end holidays. In East Asia, the Japanese stock market saw a slight decline at the start of the session, while Chinese and Hong Kong stock markets moved mixed. Investors were still monitoring global conditions, particularly...
The Hang Seng Tech Index fell 1% to 5,521, indicating renewed pressure on Hong Kong technology stocks in the latest trading session. This decline reflects a more cautious sentiment towards the technology sector, as the index's movement was dominated by selling in large-cap tech companies, which are typically the main movers. With this weakening, market participants will be watching to see whether the index can hold the 5,500-plus area or whether it opens up room for further correction in the near term. (asd) Source: Newsmaker.id