Nasdaq’s decline defies bullish exchange breadth data

The Nasdaq Composite fell 0.2% in midday trade, as weakness in the index’s biggest components offset bullish breadth data. The number of advancing stocks outnumbered declines 1,449 to 1,167, and volume in advancing stock accounted for 53.8% of total volume.

The market-capitalization weighted index was lower, however, as shares of the four largest companies by market cap were all fell. Apple Inc.’s stock fell 0.3%, Inc. shares shed 1.2%, shares of Microsoft Corp. slid 1.2% and Alphabet Inc.’s stock gave up 0.3%.

Meanwhile, the Dow Jones Industrial Average rallied 198 points and the S&P 500 advanced 0.2%.

Source: Marketwatch

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Tokyo Stocks End Flat Ahead of US Data, Trade Talks

Tokyo’s benchmark Nikkei index ended flat on Tuesday as investors looked for direction ahead of key US data and US-Canada trade talks.

The Nikkei 225 index was down 0.05 percent or 10.48 points to close at 22,696.90, while the broader Topix index fell 0.12 percent or 2.07 points at 1,717.24.

Source : AFP

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Tariff worries, weak China data pull Hong Kong shares lower (Review)

Hang Seng index ends down 0.6 pct China Enterprises index HSCE falls 0.6 percent HSI financial sector sub-index flat; property sector down 0.9 percent

Hong Kong shares ended lower on Monday, tracking regional weakness as fears over further escalation of the U.S.-China trade war and signs of slowing manufacturing growth in China hit investor sentiment.

The Hang Seng index closed 0.6 percent lower at 27,712.54, while the China Enterprises Index lost 0.6 percent to 10,813.57 points.

The sub-index of the Hang Seng tracking energy shares closed down 1.3 percent, while the IT sector closed 1.99 percent lower, the financial sector ended down 0.29 percent lower and property sector closed 0.87 percent weaker.

The top gainer on Hang Seng was WH Group Ltd, which ended up 2.7 percent, while the biggest loser was Geely Automobile Holdings Ltd, which closed down 4.44 percent.

U.S. President Donald Trump said last week he was ready to impose tariffs on $ 200 billion more of Chinese imports as soon as a public comment period on the plan ends this week.

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