The Hang Seng slipped 224 points, or 0.9%, to close early at 25,630 on the final trading day of 2025, as markets closed early ahead of the New Year. The index reversed the prior session's strength as losses spread across all sectors, with tech, consumer, and financial stocks leading the declines. Still, the index posted a second straight annual gain, climbing nearly 28% in 2025. The rally was boosted by a buoyant IPO market in Hong Kong, easing U.S. China trade tensions, and Beijing's pledge to support economic growth through proactive fiscal spending and accommodative monetary...
The S&P 500 and the Dow Jones added 0.1% and 0.2%, respectively, while the Nasdaq fell 0.2% as a tech-led tumble erased early gains and left markets awaiting clearer macro direction. Heavyweights tied to the AI theme, including Broadcom (-5.6%), Oracle (-2.6%), and several semiconductor names, weighed on performance after Broadcom flagged margin pressures and Oracle delivered softer guidance, reviving concerns over the profitability and financing of large-scale AI investments. ServiceNow's 11.6% plunge following reports of a sizable acquisition and a KeyBanc downgrade added to...
European stocks finished the session firmly higher, with the Euro STOXX 50 rising 0.7% and the STOXX Europe 600 gaining 0.8%, extending a rebound from Friday's tech-led selloff as investors looked past near-term volatility. Gains were broad-based, though the defense sector came under pressure after President Volodymyr Zelenskyy signaled Ukraine's willingness to drop its long-standing bid for NATO membership in exchange for alternative security guarantees, a shift that raised hopes for progress in peace talks resuming in Berlin. Shares of Rheinmetall fell 2.6%, with Hensoldt and Renk also...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic activity. The Dow Jones Industrial Average rose 168 points, or 0.4%. The S&P 500 gained 0.5%, while the Nasdaq Composite advanced 0.6%. Those moves come after the S&P 500 and Nasdaq Composite fell last week, as Oracle and Broadcom led a rotation away from artificial intelligence. The S&P 500 lost 0.6% last week, while the Nasdaq shed 1.7%. The Dow, which is less exposed to tech and AI than the other two benchmarks, rose 1.1%. Oracle...
The Hang Seng Index is expected to open lower on Monday, December 15, 2025, after previously closing slightly above 25,975. This lower opening projection comes amid sluggish global sentiment, after Wall Street corrected due to a sell-off in AI and technology stocks. Investors in Hong Kong are also still digesting signals of a slowdown in the Chinese economy and concerns about a supply surplus in the property and financial sectors, so risk appetite at the start of the session tended to be limited. Additional pressure comes from the technology sector, which has often led the Hang Seng's...
European stocks opened higher at the start of this week. The Stoxx 600 Index rose around 0.38%, with nearly all sectors and major exchanges trading in the green. The UK's FTSE, Germany's DAX, France's CAC 40, and Italy's FTSE MIB each also rallied at the opening. This increase occurred amid market focus on a series of European central bank decisions in the coming days. This week is a crucial moment for the ECB, Bank of England, Riksbank, and Norges Bank, which will hold their final policy meetings of 2025. The ECB is expected to hold interest rates at 2%, while President Christine Lagarde...