Hong Kong stocks finished with more losses Friday as traders nervously await Donald Trump's news conference, in which he will set out the US response to China's plans to impose a security law on the financial hub. The Hang Seng Index fell 0.74 percent, or 171.29 points, to 22,961.47. The benchmark Shanghai Composite Index rose 0.22 percent, or 6.13 points, to 2,852.35, while the Shenzhen Composite Index on China's second exchange jumped 0.95 percent, or 16.81 points, to 1,786.51. Source : AFP
U.S. stock indexes edged lower at the open on Thursday as growing Sino-U.S. tensions and mixed retail earnings added to worries about the pace of a recovery from a coronavirus-fueled economic slump. The Dow Jones Industrial Average fell 11.63 points, or 0.05%, at the open to 24,564.27. The S&P 500 opened lower by 1.66 points, or 0.06%, at 2,969.95, while the Nasdaq Composite dropped 0.59 points, or 0.01%, to 9,375.19 at the opening bell. Source : Reuters
Futures contracts tied to the major U.S. stock indexes fell early Thursday as investors took a breather from Wall Street's robust gains so far this week. Dow Jones Industrial Average futures implied an opening loss of about more than 150 points. S&P 500 and Nasdaq-100 futures also pointed to weakness at the open. The overnight moves came on the back of sharp rallies in the major stock indexes so far this week. Source : CNBC
Hong Kong stocks closed in negative territory Thursday after rising for three days, hit by profit-taking and rising tensions between China and the US. The Hang Seng Index retreated 0.49 percent, or 119.92 points, to 24,280.03. The benchmark Shanghai Composite Index fell 0.55 percent, or 15.81 points, to 2,867.92, while the Shenzhen Composite Index on China's second exchange lost 0.95 percent, or 17.22 points, to 1,788.64. Source : AFP
European stocks opened lower on Thursday, ahead of flash purchasing manager's index (PMI) data for the euro zone, which will give an indication of activity in the region's manufacturing and services industry in May. The pan-European Stoxx 600 fell 0.9% at the start of trading, with autos shedding 1.7% to lead losses as all sectors and major bourses slid into negative territory. Aside from the PMI numbers from the euro zone, investors will also be following the latest coronavirus news. The World Health Organization said the number of newly-reported cases globally hit a daily record this...
Tokyo stocks closed lower on Thursday as profit-taking erased early gains generated by the prospect of a state of emergency being lifted in western Japan later in the day. The benchmark Nikkei 225 index fell 0.21 percent, or 42.84 points, to close at 20,552.31 while the broader Topix index lost 0.23 percent, or 3.48 points, to 1,491.21. Source : AFP