Stocks briefly breach 7,000 but finish lower

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 55%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Defining the News

Philippine stocks fell Tuesday after briefly trading above the 7,000 level as interest rate cuts optimism faded.

Meanwhile, Hong Kong stocks rallied Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted hopes for the world’s number-two economy, though other Asian markets were mixed.A stronger-than-expected reading on US manufacturing and prices paid kept sentiment in check and sparked questions about the Federal Reserve’s timeline for cutting interest rates.

Chinese consumer tech giant Xiaomi led gains in Hong Kong, soaring as much as 15 percent at one point on news that orders for its first electric vehicle — launched in Beijing on Thursday — had topped estimates. It ended nine percent higher. Jose Torres at Interactive Brokers said: “Investors are indeed front-running the possibility of yet another hawkish pivot from the Fed.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 20. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen