^HSI - HANG SENG INDEX
| Previous close | 19,099.28 |
| Open | 19,327.15 |
| Volume |
| Day's range | 19,196.09 - 19,410.48 |
| 52-week range | 14,597.31 - 22,700.85 |
| Avg. volume | 2,571,486,550 |
- Financial Times
US and European stocks slip ahead of interest rate decisions
US stocks fell on Wednesday, as markets struggled to find direction while investors awaited for the Federal Reserve to next week set interest rates for the world’s largest economy. The tech-heavy Nasdaq Composite fell 1 per cent. Many believe the tightening campaign will resume in July after strong economic data put the Fed under pressure to damp demand sufficiently to get inflation under control.
Yahoo Finance UKFTSE and Wall Street fall as US mortgage approvals hit lowest since 1995
Wall Street stocks followed Europe, mainly slipping into the red on news that US mortgage approvals for home purchases fell to their lowest level in nearly 30 years in May.
- Investing.com
Asian stocks edge past weak economic signals, Chinese shares lag
Investing.com -- Most Asian stocks rose slightly on Wednesday as markets weighed worsening economic conditions in the region against the prospect of a pause in the Federal Reserve’s rate hike cycle this month.
- Financial Times
Wall Street stocks edge higher led by financials
Wall Street stocks rose on Tuesday, led by financials and consumer discretionary stocks as investors consider the path forward for US monetary policy. Wall Street’s benchmark S&P 500 finished 0.2 per cent higher, just short of the technical bull-market territory it briefly entered on Monday after it had risen more than a fifth above its recent low in October 2022. Financial and consumer discretionary stock led the gains on the blue-chip index, with both sectors rising about 1 per cent. Regional banking stocks advanced, with the KBW Regional Banking index 5.4 per cent higher.
Yahoo Finance UKWall Street and FTSE stocks down on interest rate uncertainty
A major dam at a hydro-electric power plant on the Dnipro river in the southern Kherson region of Ukraine has been blown up. Ukraine's military has accused Russian forces for the attack on the Nova Kakhovka.
- Financial Times
Wall Street stocks rally after jobs data point to robust US economy
US stocks advanced on Friday, with the S&P 500 index recording its biggest one-day rise since April, after traders cheered the latest jobs report and the passage of the debt ceiling bill in the Senate. The Wall Street benchmark S&P 500 rose 1.5 per cent to its highest level since August, marking its third straight week of gains with a 1.8 per cent increase. The tech-heavy Nasdaq Composite added 1.1 per cent to a level last reached in April 2022.
The TelegraphSummer holidays at risk as Heathrow security officers to strike
Holidaymakers face travel chaos at Heathrow as security guards prepare to strike for 33 days over summer.
BloombergChinese Stocks in US Rally on Sign That Policy Support May Come
(Bloomberg) -- US-listed Chinese stocks jumped in premarket trading after Bloomberg News reported that regulators are considering new measures to aid the property market, buoying hopes that Beijing may roll out policy stimulus to reinvigorate a faltering economic recovery.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersRich Latin Americans Transform Laid-Back Madrid Into a New MiamiInside the Maki
BloombergSharp Rally in Chinese Stocks Falls Short of Dispelling Gloom
(Bloomberg) -- The sharpest rally for Chinese stocks in three months is doing little to convince money managers that the market is set for a sustained turnaround.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersInside the Making of Redfall, Xbox’s Latest MisfireRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsAfter a punis
- Financial Times
Hong Kong equities rally driven by internet stocks
Hong Kong equities notched their best daily gains in three months as short sellers closed out bets against Chinese internet groups and some investors snapped up shares on hopes that a protracted sell-off for China stocks was overdone. The sudden upswing for the Hang Seng index took it 4 per cent higher on Friday. The rally on Friday was led by Chinese internet stocks, with the Hang Seng Tech index jumping 5.3 per cent. Tencent and Alibaba closed 6 and 6.7 per cent higher in Hong Kong, respectively.
- Investing.com
Asian stocks surge as debt bill clears Congress, Chinese shares rebound
Investing.com -- Most Asian stock markets rose on Friday amid optimism over the approval of a deal to raise the U.S. debt ceiling and avert a default, with Chinese markets rebounding from six-month lows on renewed hopes of an economic recovery in the country.
Yahoo Finance UKWall Street bounces back amid debt deal as FTSE closes higher
British Land booted off FTSE 100 while Ocado dodges demotion.
- Investing.com
Asian stocks cautiously higher as debt ceiling bill moves forward
Investing.com -- Most Asian stocks edged higher on Thursday, encouraged by progress towards averting a U.S. debt default, while signs of life in China’s manufacturing sector also helped fish local stocks from six-month lows.
Yahoo Finance UKWall Street and FTSE 100 lower ahead of key vote on US debt bill
Investors are anticipating the outcome of US debt vote and digesting the latest economic data from China.
- Investing.com
Hong Kong stocks enter bear market as China outlook darkens
Investing.com -- Hong Kong’s Hang Seng index entered bear market territory on Wednesday, with China-exposed stocks weighing the most as weak economic data from the mainland raised more doubts over a reopening-led recovery this year.
- Investing.com
Asian stocks slide as China data disappoints, debt ceiling vote looms
Investing.com -- Asian stocks sank on Wednesday, with Chinese markets leading declines as manufacturing activity shrank for a second straight month, while broader sentiment remained on edge ahead of a vote to raise the U.S. debt ceiling.
Yahoo Finance VideoChina's weak economic recovery continues to worry U.S. investors
Yahoo Finance Live's Rachelle Akuffo discusses China's economy amid the country's COVID recovery, as well as Elon Musk and Jamie Dimon visiting China this week.
Yahoo Finance VideoS&P up, Dow still in red on tentative debt ceiling deal
Yahoo Finance markets reporter Jared Blikre breaks down the market amid the tentative debt ceiling deal and the upcoming Fed meeting.
BloombergMiserable May Is Dashing Hopes for a Rebound in Chinese Stocks
(Bloomberg) -- Chinese stocks are facing one grim milestone after another, with waning investor confidence signaling that things will likely get worse before getting better. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapTaiwan Rushes to Prevent China From Cutting Internet, PhonesNvidia Touches $1 Trillion Mark After Beating Rivals
Yahoo Finance UKWall Street stocks rise as FTSE falls ahead of US debt deal vote
Congress is expected to vote on legislation to pass the deal on Wednesday.
- Investing.com
Asian stocks dip, Chinese shares hit 5-mth low as U.S. ties worsen
Investing.com -- Most Asian stocks retreated on Tuesday as optimism over a deal to raise the U.S. debt ceiling was offset by fears of worsening ties between Beijing and Washington, amid renewed sparring between the two over trade and political sanctions.
- Financial Times
US stocks hit 9-month high on solid data and debt ceiling hopes
US stocks hit a nine-month high on Friday, propelled by solid economic data and growing investor optimism that a deal on the US debt ceiling will land in the coming days. The S&P 500 closed 1.3 per cent higher, its highest level since mid-August, in a relatively broad rally in which investors scooped up stocks more sensitive to economic growth prospects and spurning traditionally defensive sectors such as utilities, healthcare and consumer staples. The benchmark index added 0.3 per cent in the week, notching its second straight week of gains.
BloombergChina Stocks in Hong Kong Extend Rout Before Holiday
(Bloomberg) -- Chinese stocks in Hong Kong plunged as a weakening currency, disappointing earnings and worries over the US debt-ceiling deadlock saw traders trim positions ahead of a long weekend.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republ
BloombergPictet, PineBridge Undeterred as China Stocks Erase 2023 Gains
(Bloomberg) -- Pictet Wealth Management, PineBridge Investments and BNP Paribas Asset Management are among a shrinking minority of global investors betting that patience will reward investors in China, even as this year’s gains in the nation’s stocks evaporate. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plan
- Investing.com
Asian stocks drop amid default fears, Nvidia boosts chipmaking shares
Investing.com -- Most Asian stocks fell on Thursday as fears of a U.S. debt default persisted amid little progress toward raising the debt ceiling, although chipmaking stocks outperformed tracking a robust outlook from Nvidia.