Hong Kong Stocks Dive on Trade, Emerging Market Fears (Review)

Hong Kong stocks tumbled on Wednesday, in line with a sharp sell-off across Asia as investors fret over flagged new US tariffs on Chinese imports as well as fears that crises in several emerging markets could spill into the world economy.

The Hang Seng Index dropped 2.61 percent, or 729.49 points, to close at 27,243.85.

The benchmark Shanghai Composite Index fell 1.68 percent, or 46.24 points, to 2,704.34 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 1.61 percent, or 23.54 points, to 1,442.25.

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Sumber : bpfnews.com

Hong Kong Stocks Dive on Trade, Emerging Market Fears

Hong Kong stocks tumbled on Wednesday, in line with a sharp sell-off across Asia as investors fret over flagged new US tariffs on Chinese imports as well as fears that crises in several emerging markets could spill into the world economy.

The Hang Seng Index dropped 2.61 percent, or 729.49 points, to close at 27,243.85.

The benchmark Shanghai Composite Index fell 1.68 percent, or 46.24 points, to 2,704.34 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 1.61 percent, or 23.54 points, to 1,442.25.

Source : AFP

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Sumber : bpfnews.com

U.S. stock futures mostly fall, hit by Facebook’s premarket dive

U.S. stock-index futures mostly pointed to a drop at the open Thursday, led lower by Facebook Inc.’s big premarket fall after its disappointing quarterly report.

S&P 500 futures lost 4.80 points, or 0.2%, to 2,836.50, while those for the tech-heavy Nasdaq-100 shed 61.25 points, or 0.8%, to 7,408.25.

Futures for the Dow Jones Industrial Average, which doesn’t have Facebook as one of its components, bucked the negative trend, rising by 38 points, or 0.2%, to 25,441.

On Wednesday, the Dow, S&P 500 and Nasdaq Composite finished higher, rallying into the close after President Donald Trump and European Union chief Jean-Claude Juncker made a deal on trade.

The three gauges are showing year-to-date advances of 2.8% to 15%, as of Wednesday’s close.

Source: Marketwatch

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Sumber : bpfnews.com

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