Hong Kong stocks fell 26 points, or 0.1%, to 24,711 on Tuesday morning, reversing gains from the previous session. Traders remained cautious after the city's weather bureau extended its highest "black" rain warning until 11:00 a.m., as heavy rain disrupted schools, hospitals, courts, and civil registry offices. The Hong Kong Stock Exchange remained open with revised policies that allow trading to continue regardless of the weather. Investors also cautiously awaited China's July trade data and upcoming inflation figures, amid concerns over rising trade barriers and weak domestic demand....
Hang Seng Index opened down by four points, or 0.01%, settling at 23,783 points. In contrast, the National Enterprises Index rose by three points, or 0.03%, to reach 8,795 points, while the Technology Index gained ten points, or 0.16%, reaching 5,963 points.In the technology sector, stocks exhibited mixed results. Tencent and Alibaba each advanced by 0.4%, while Meituan and Xiaomi Group both increased by 0.5%. However, JD.com and Kuaishou faced declines, falling by 0.8% and 0.3%, respectively. Financial stocks remained stable, with HSBC Holdings and AIA both rising by 0.3%, and Ping An...
The Nikkei 225 Index rose 0.6% to above 38,300 while the broader Topix Index gained 0.5% to 2,730 on Thursday, with Japanese shares snapping a two-day losing streak and tracking gains in key Wall Street indexes. These moves came after US President Donald Trump raised hopes of another one-month tariff pause on imports from Mexico and Canada, while also proposing 25% tariffs on European autos and other goods. Investors also took in Nvidia's earnings report, which highlighted strong demand for chips in the growing artificial intelligence sector. In Japan, Seven & I Holdings saw a sharp...
All three U.S. indexes erased earlier gains on Wednesday, extending their losses from the previous session as investors grappled with trade policy uncertainty and awaited Nvidia's earnings. The S&P 500 fell 0.1%, heading for its fifth straight decline, while the Nasdaq 100 dropped 0.2%. The Dow Jones Industrial Average fell more than 200 points amid concerns about new tariffs after President Trump announced a 25% levy on European autos and confirmed tariffs on Mexico and Canada that will take effect on April 2. Nvidia shares rose more than 2% ahead of its highly anticipated earnings...
European stocks closed sharply higher on Wednesday after a quiet session amid a strong set of corporate earnings, as markets continued to assess risks to European corporate earnings amid U.S. trade headwinds and the prospect of higher defense-focused government spending. The STOXX 50 jumped 1.5% to 5,530, 5 points from a record, and the STOXX 600 gained 1.6% to a fresh record of 560. AB InBev jumped 8.7% after reporting stronger-than-expected fourth-quarter earnings, and Munich RE jumped 4.8% after beating earnings estimates and raising its dividend payout. Additionally, Siemens and...
The S&P 500 added 0.2% and the Nasdaq was up 0.4% on Wednesday, rebounding after 4 consecutive session of losses, while the Dow Jones traded around the flatline. Consumer discretionary and tech were the top performing sectors while health and consumer staples underperformed. Traders are eagerly awaiting Nvidia's earnings report, due after the closing bell, particularly for any insights into the potential impact of the DeepSeek emergence. Nvidia shares were up approximately 2.5%. In addition, Lowe's Companies surged more than 1.7% after reporting a 0.2% increase in same-store sales,...