Hang Seng Index Falls 2.2% for Week
The Hang Seng Index experienced a 2.2% decline over the course of the week.
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The Hang Seng Index experienced a 2.2% decline over the course of the week.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
The Hang Seng Index slipped 1.0%, or 257 points, to 24,691, extending weekly losses as Brent crude rose and global yields climbed.
The Dow Jones fell more than 150 points Wednesday, while J.M. Smucker shares rose about 3% after better-than-expected first-quarter results and raised FY27 guidance above estimates.
Walmart shares fall around 10% after the retailer reports second-quarter adjusted EPS of 81 cents and sales of $187.9 billion, while third-quarter guidance comes in below estimates.
Hang Seng Index falls 1.0% to 25,390 on US-Iran deal hopes fade
U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite falling around 1% on Thursday. The Dow traded down 0.07% to 52,619.72 while the NASDAQ dipped 0.96% to 26,017.62. The S&P 500 also fell, dropping, 0.36% to 7,545.24. Leading and Lagging Sectors Health care shares jumped by 2.2% on Thursda