The Hang Seng Index rose for the second day, climbing 0.7%, or 168.48 to 24,994.14 in Hong Kong. The index advanced to the highest closing level in at least a year. Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 1.8%. China Petroleum & Chemical Corp. had the largest increase, rising 5.5%. Today, 58 of 85 shares rose, while 24 fell; 3 of 4 sectors were higher, led by commerce and industry stocks. Source : Bloomberg
The Topix fell 0.5% to 2,714.12 as of 9:28 a.m. in Tokyo. The Nikkei was little changed at 39,033.72. Japan's Topix fell as automakers and banks weighed on the benchmark index amid holiday constraints. Toyota Motor contributed the most to the Topix decline, dropping 1.4%. Of the 2,125 stocks in the index, 689 rose and 1,247 fell, while 189 were unchanged. "There are almost no market players, so it's unlikely the market will show any direction," said Mitsushige Akino, president of Ichiyoshi Asset Management. "There's a reversal in the market, and industrial types that have performed well...
Stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week. The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03. The Nasdaq Composite climbed 1.35% to 20,031.13, helped by a 7.4% jump in Tesla shares. Amazon and Meta Platforms gained more than 1% each. The New York Stock Exchange closed early at 1 p.m. ET for Christmas Eve, while the bond market closes at 2 p.m. The market is also shut on Wednesday for Christmas Day. Tuesday marked the start of the seasonal Santa Claus rally,...
US stock indices opened marginally higher Tuesday in thin trading ahead of the Christmas holiday, stabilizing after gains from the world's largest technology stocks. S&P 500 and Nasdaq 100 were up about 0.2%, while Dow Jones Industrial Average were slightly down at 0.03%. American Airlines Group shares dropped about 1.4% on Tuesday as the airline briefly grounded all flights in the U.S. due to a "technical issue." The ground stop was later lifted. The New York Stock Exchange is set to close early Tuesday for Christmas Eve, and the market is shut on Christmas Day. Wall Street indexes...
The Stoxx 600 rose 0.2%, with tech stocks leading gains after a strong performance by US peers on Monday. London's FTSE 100 and France's CAC 40 also closed in positive territory. Novo Nordisk surged 5.7%, recovering from last week's slump following disappointing trial results for its CagriSema weight-loss drug. AstraZeneca withdrew its EU application for a lung cancer treatment after feedback from regulators, with shares closing up 0.1%. Mining stocks boosted the Stoxx 600, led by Anglo American, up 2%, despite facing $17 billion in potential fines in Chile over alleged environmental...
The Stoxx Europe 600 Index edged up 0.2%, with major markets such as Germany closed and others, including London and Paris, set to close early. France's CAC 40 outperformed as Prime Minister François Bayrou vowed to cut the country's budget deficit to nearly 5%. Technology stocks led gains, supported by a strong session for U.S. tech stocks on Monday. Pharmaceutical giant Novo Nordisk also boosted the index, jumping 5.7% after recovering from last week's selloff linked to disappointing trial results for its weight-loss drug, CagriSema. Despite the gains, European stocks underperformed the...