iShares Core MSCI EM
IEMG74.1500.40% ( -0.300 )
Closed: Nov 13, 16:00:00 (EDT)News
Alibaba falls nearly 4%
Market Movers·A-Share Three Major Indices Open 2.1% to Nearly 5% Lower; Chip Stocks Slump, ZHONGJI INNOLIGHT Plunges 12%
AASTOCKS News·- China's three major A-share indices opened 2.1% to nearly 5% lower following a sharp overnight slump in US stocks driven by weaker-than-expected tech capital expenditure and data center construction headwinds. - Chip stocks and optical module giants experienced severe declines at the opening, with ZHONGJI INNOLIGHT plunging 12.1% and multiple related component suppliers dropping over 10%. - Meanwhile, major mainland Chinese banking stocks showed resilience against the broader market trend, with institutions like Agricultural Bank and CMB opening higher.HSI Closes at 24,448, Down 32 pts; HSTI Closes at 4,040, Down 37 pts; MEITUAN Down over 6%; CCB, BANKCOMM, CKI HOLDINGS, CLP HOLDINGS, SWIRE PACIFIC A Hit New Highs; Market Turnover Rises
AASTOCKS News·- At the close, the Hang Seng Index dropped 32 pts to 24,448 while the Hang Seng Tech Index fell 37 pts to 4,040, alongside a total market turnover of $173.71 billion. - Among active heavyweights, MEITUAN experienced a decline of over 6% while several financial and utility stocks including CCB, BANKCOMM, CKI HOLDINGS, CLP HOLDINGS, and SWIRE PACIFIC A hit new highs. - The market session also featured notable individual stock movements with varying gains and losses across major constituents.Wall Street Poised To Open Broadly Lower
rttnews·- Wall Street futures indicated a broadly lower market opening on Thursday following mixed international market performances. - Major U.S. averages closed firmly positive on Wednesday, with the Nasdaq surging 400.31 points or 1.6 percent to 25,466.19. - Key economic data releases scheduled for the day include October Existing Home Sales, Treasury auctions, and the EIA Petroleum Status Report.