Hong Kong shares shot higher at the start of trade Wednesday following another strong day on Wall Street fuelled by data that eased concerns about another Federal Reserve interest rate hike. The Hang Seng Index jumped 0.95 percent, or 175.93 points, to 18,659.96. The Shanghai Composite Index...
Hong Kong shares opened with fresh gains Tuesday, extending a global rally as investors await the release of key US inflation and jobs data later in the week. The Hang Seng Index rose 0.72 percent, or 130.95 points, to 18,261.69. The Shanghai Composite Index shed 0.22 percent,...
Stock futures rose slightly to kick off the final trading week of August. Futures tied to the Dow Jones Industrial Average rose 86 points, or about 0.25%, while S&P 500 futures and Nasdaq-100 futures added 0.21% and 0.31%, respectively. Stocks are coming off a winning session following...
Equities rallied in Shanghai on Monday after Chinese authorities slashed stamp duty on stock trades for the first time since 2008 as they try to support the country's beleaguered markets. The Shanghai Composite Index surged 5.06 percent, or 154.97 points, to 3,219.04, while the Shenzhen Composite...
Tokyo stocks opened lower Friday, weighed down by overnight falls of New York tech shares, while players waited for global central bankers to kick off their annual Jackson Hole meeting. The benchmark Nikkei 225 index dropped 1.36 percent, or 438.45 points, at 31,848.76 in early trade,...
U.S. stock futures jump early Thursday as sparking Nvidia results boost risk appetite. S&P 500 futures rose 29 points, or 0.6%, to 4476. Dow Jones Industrial Average futures dipped 6 points, or 0.0%, to 34516. Nasdaq 100 futures added 210 points, or 1.4%, to 15405 On Wednesday,...
Hong Kong stocks opened higher Thursday, extending a two-day rally, as tech titans were boosted by a forecast-beating earnings report from AI chip giant NVIDIA. The Hang Seng Index jumped 0.82 percent, or 146.81 points, to 17,992.73. The Shanghai Composite Index added 0.24 percent, or 7.51 points,...
Asia-Pacific markets rose ahead of central bank rate decisions from South Korea and Indonesia, although both central banks are expected to hold their benchmark policy rates unchanged at 3.5% and 5.75% respectively. South Korea’s producer price index climbed 0.2% year-on-year, the 13th straight month that growth...
Asian shares held tight ranges on Wednesday as investors awaited results from tech darling Nvidia to see if the sector's lofty valuations can withstand a jump in bond yields, while still gloomy factory readings from Japan left sentiment fragile. S&P 500 futures climbed 0.3% while Nasdaq...
Hong Kong stocks resumed their losses Wednesday after a much-needed bounce the day before, with ongoing worries about China's economy smothering sentiment. The Hang Seng Index dipped 0.16 percent, or 28.25 points, to 17,762.76. The Shanghai Composite Index edged down 0.13 percent, or 4.07 points, to 3,116.27,...
European stock markets opened higher Tuesday after posting cautious gains to start the week. The Stoxx 600 index was 0.5% higher shortly after the open, with all stocks flat or higher. Technology stocks led the pack, gaining 1.08%. During overnight trade, bond selling sent the benchmark 10-year...
Hong Kong stocks opened slightly higher Tuesday after seven successive losses as traders tracked a positive lead from Wall Street, but worries about China's economy dampened sentiment. The Hang Seng Index edged up 0.11 percent, or 18.57 points, to 17,641.86. The Shanghai Composite Index added 0.35 percent,...