The Hang Seng Index fell for the fourth day, dropping 0.1%, or 23.43 to 19,823.45 in Hong Kong. The index dropped to the lowest closing level since Sept. 25. Hong Kong Exchanges & Clearing Ltd. contributed the most to the index decline, decreasing 1.0%. WuXi AppTec Co. had the largest drop, falling 4.1%. Today, 52 of 82 shares fell, while 23 rose; all sectors were lower, led by properties stocks. Source : Bloomberg
A gauge of global stocks dipped for a second straight session and U.S. Treasury yields were slightly lower in choppy trading as investors digested the latest U.S. inflation data and the path of interest rates from the Federal Reserve. The Labor Department said the consumer price index (CPI) rose 0.2% for the fourth straight month, in-line with expectations of economists polled by Reuters. In the 12 months through October, the CPI advanced 2.6%, also matching forecasts, after climbing 2.4% in September. Treasury yields fell after the data, but reversed course somewhat to once again put...
The Stoxx Europe 600 Index fell for the second day, dropping 0.1%, or 0.64 to 501.59. The index dropped to the lowest closing level since Aug. 12. Infineon Technologies AG contributed the most to the index decline, decreasing 4.7%. Intermediate Capital Group Plc had the largest drop, falling 7.2%. Today, 395 of 600 shares fell, while 192 rose; 15 of 20 sectors were lower, led by technology stocks. Source : Bloomberg