Wall Street's main indexes opened flat on Thursday in thin trading ahead of Easter break, as investors awaited more data to gauge the Federal Reserve's policy path on the last business day of a strong first quarter. The Dow Jones Industrial Average rose 3.66 points, or 0.01%, at the open to 39,763.74. The S&P 500 opened lower by 0.46 points, or 0.01%, at 5,248.03, while the Nasdaq Composite dropped 22.29 points, or 0.14%, to 16,377.23 at the opening bell. Source : Reuters
European stocks and US equity futures slipped as investors balanced further signs of China's reopening with cautious commentary from the Federal Reserve's latest meeting. The Stoxx Europe 600 Index fell 0.3% in early trading, with consumer products stocks leading declines. Among individual movers, Next Plc gained as the UK retailer raised its profit forecast. Contracts on the S&P 500 and the Nasdaq 100 were about 0.3% lower. Chinese mainland and Hong Kong equity gauges rose in a rally helped along by news the border with China will gradually reopen. The Hang Seng Index...
Hong Kong stocks extended their 2023 rally on Thursday, in line with gains across Asia, as traders grew optimistic about the reopening of China's economy. The Hang Seng Index gained 1.25 percent, or 259.06 points, to 21,052.17. The Shanghai Composite Index climbed 1.01 percent, or 31.70 points, to 3,155.22, while the Shenzhen Composite Index on China's second exchange rose 1.59 percent, or 31.79 points, to 2,037.14. Source : AFP
Tokyo's blue-chip stocks advanced Thursday following Wall Street gains as markets shrugged off messaging from the Federal Reserve reiterating its commitment to lowering inflation. The benchmark Nikkei 225 index rose 0.40 percent, or 103.94 points, to 25,820.80, while the broader Topix index trimmed earlier gains but closed up 0.04 percent, or 0.75 points, to 1,868.90. Source : AFP
Hong Kong shares jumped more than two percent at the start of trade Thursday morning following a strong lead from Wall Street and on hopes for economy-boosting measures by China as it rolls back its zero-Covid policy. The Hang Seng Index rallied 2.42 percent, or 502.76 points, to 21,295.87. The Shanghai Composite Index added 0.30 percent, or 9.24 points, to 3,132.76, while the Shenzhen Composite Index on China's second exchange gained 0.27 percent, or 5.47 points, to 2,010.82. Source : AFP
Tokyo stocks opened higher Thursday following Wall Street gains as markets shrugged off messaging from the Federal Reserve that stressed its commitment to lowering inflation. The benchmark Nikkei 225 index rose 0.57 percent, or 147.01 points, to 25,863.87 at the open, while the broader Topix index added 0.17 percent, or 3.15 points, to 1,871.30. Source : AFP