Stock futures are trading near the flatline Thursday as the S&P 500 approached its best first-quarter performance in five years. Futures tied to the Dow Jones Industrial Average slipped 17 points, or 0.04%. S&P 500 futures inched lower by 0.02%, while Nasdaq 100 futures declined 0.03%. In extended trading, shares of luxury home furnishings retailer RH jumped 8% after management indicated that demand trends are expected to accelerate throughout fiscal 2024. Nevertheless, the company missed estimates in its latest quarter and issued a weak outlook for the first quarter. Stocks...
Hong Kong and mainland Chinese stocks dived Tuesday on fears that a possible visit to Taiwan by US House Speaker Nancy Pelosi could further inflame tensions between Washington and Beijing. The Hang Seng Index tumbled 2.36 percent, or 476.63 points, to 19,689.21. The Shanghai Composite Index lost 2.26 percent, or 73.69 points, to 3,186.27, while the Shenzhen Composite Index on China's second exchange sank 2.92 percent, or 64.32 points, to 2,138.17. Sumber : AFP
European equities dropped for a second day as results season rumbled on while investors monitored growing tensions between the world's two biggest economies. The Stoxx Europe 600 fell 0.4% at 8:04 a.m. in London. Energy was one of only two sectors in the green, boosted by gains in BP after the oil giant hiked its dividend and accelerated share buybacks after profits surged. Retailers and financial services stocks were the main trailers. Investors are closely monitoring the movements of US House Speaker Nancy Pelosi, who is expected to land in Taiwan on Tuesday evening in defiance of...
Tokyo stocks closed lower Tuesday as speculation over a Taiwan visit by US House Speaker Nancy Pelosi fanned China-US tensions and strengthened the yen against the dollar. The benchmark Nikkei 225 index dropped 1.42 percent, or 398.62 points, to end at 27,594.73, while the broader Topix index lost 1.77 percent, or 34.62 points, to 1,925.49. Source : AFP
Hong Kong stocks fell more than one percent at the open Tuesday on fresh geopolitical worries after US House Speaker Nancy Pelosi's potential visit to Taiwan sparked fresh tensions between China and the United States. The Hang Seng Index shed 1.10 percent, or 222.68 points, to 19,943.16. The Shanghai Composite Index sank 0.88 percent, or 28.70 points, to 3,231.26, while the Shenzhen Composite Index on China's second exchange lost 1.15 percent, or 25.24 points, to 2,177.24. Source : AFP
Asia-Pacific stocks fell on Tuesday as South Korea's inflation rose and investors look ahead to the Reserve Bank of Australia's interest rate decision. The Nikkei 225 in Japan slipped 0.87%, and the Topix index lost nearly 1%. In South Korea, the Kospi shed 0.39% and the Kosdaq declined 0.21%. Australia's S&P/ASX 200 was 0.39% lower. The Reserve Bank of Australia is expected to hike by 50 basis points after official data showed prices in Australia rose 6.1% in the second quarter compared with a year ago. MSCI's broadest index of Asia-Pacific shares outside of Japan declined...