The Hang Seng Index fell 1.1% at 25,388.35 in Hong Kong. The move was the biggest since falling 2% on June 19 and follows the previous session's increase of 0.5%. Alibaba Group Holding Ltd. contributed the most to the index decline, decreasing 1.9%. Kuaishou Technology had the largest drop, falling 4.9%. Today, 63 of 85 shares fell, while 20 rose; all sectors were lower, led by commerce and industry stocks. Source : Bloomberg
The Nasdaq Composite gained Tuesday, driven by Nvidia shares, as investors shrugged of concerns of mounting geopolitical tensions between Ukraine and Russia. The Nasdaq popped 1.04% to finish at 18,987.47, while the S&P 500 gained 0.4% to end at 5,916.98. The Dow Jones Industrial Average dipped 120.66 points, or 0.28%, to settle at 43,268.94. One bright spot was technology stocks and Nvidia, which gained nearly 5% ahead of its closely watched earnings report Wednesday. Walmart added 3% after posting better-than-expected earnings and hiking its outlook on strong discretionary spending....
European markets slid on Tuesday, trading around a three-month low, as concerns over Russia reared their head once again.The pan-European Stoxx 600 was down 0.67% at 4:07 p.m. London time. Most sectors and all regional bourses pulled back, with bank stocks falling 1.78% and travel down 1.4%.Global markets saw a shift into safe havens as events in Russia sparked concern around the world. The Kremlin on Tuesday said it had expanded the circumstances under which it will consider nuclear retaliation. Meanwhile, its defense ministry said Ukraine had already deployed six contentious U.S.-made...
Stocks fell Tuesday as investors fled to safety amid rising geopolitical tensions between Ukraine and Russia. The Dow Jones Industrial Average shed 400 points, or 0.9%. The S&P 500 and Nasdaq Composite lost 0.5% and 0.2%, respectively. Treasurys increased as investors moved into the safe haven, driving yields lower. Gold futures also gained. The market pressure began overnight after Russian President Vladimir Putin warned the U.S. that the threshold for the use of nuclear weapons had lowered, a new stance coming after President Joe Biden allowed Ukraine to use U.S. weapons to strike...
The Hang Seng rose 87 points, or 0.4%, to close at 19,664 on Tuesday (11/19), marking its second session of gains amid positive sentiment from Wall Street on Monday, with lower U.S. Treasury yields boosting the appeal of equities. Meanwhile, Chinese Vice President He Lifeng highlighted the increasing certainty in Hong Kong's economic growth, as Beijing commits to strengthening the city's competitiveness, especially in its financial industry to attract more foreign investment. The gains were broad-based, led by the technology and consumer sectors. However, the gains were capped by caution...
Japanese stocks rose after the close on Tuesday (11/19), as gains in the Paper & Pulp, Steel and Warehousing sectors boosted shares. At the close in Tokyo, the Nikkei 225 was up 0.45%. The best performers on the Nikkei 225 were Japan Steel Works Ltd (TYO:5631), which rose 11.55% or 673.00 points to trade at 6,499.00 at the close. Meanwhile, Fujikura Ltd. (TYO:5803) rose 7.17% or 378.00 points to close at 5,650.00 and Ebara Corp. (TYO:6361) gained 5.21% or 115.00 points to 2,323.00 in close. The worst performers on the session were Bandai Namco Holdings Inc (TYO:7832), which fell 3.83%...