Wan Chai Latest News (Hong Kong Island, Hong Kong)

Yesterday's announcement of Janet Yellen, Treasury Secretary, continues to dominate the flow of the stock market.

Most stocks moved lower on Tuesday session with tech stocks dropping further as traders consider the commentary from Janet Yellen, Treasury Secretary, about possible increase in tax rates.

Today market session, corporate earnings results were announced along with the FOMC's decision regarding the monetary policy.

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Stock market opened lower Monday morning followed by the bit by bit fall of major indexes. Technology shares took the brunt of changes and fell bigtime, dragging almost everything else.

Another day in the red for the major indexes after market closed today, Tuesday, April 20th. Tech stocks are experiencing massive shifts and pull backs, enough to set a mood on the stock market.

Market traded on a positive note as Wall Street marks another record-setting day.

Today's market movements bore fruit as all major indexes closed above the green line. The Dow Jones Industrial Average and S&P 500 Index both set fresh record highs at market close, now on their 3rd streak of upward trend for weekly close.

Stock market closed on Tuesday with lackluster performance, with 3 major indexes hovering slightly below.

Stock market movements focused on the announcement of U.S. President Joe Biden about the infrastructure plans worth trillions of dollars included in government funds and the suggested tax policy change.

On Tuesday, left-overs from the fire selling yesterday affected the whole session, making the market extremely erratic and volatile. Major indexes ended up on the lower side of things as the aftermath of the hedge fund liquidation unfolds.

As the threat for sudden inflation and the possibility of a market downturn lingers, investors starts shifting to utilities.

The US stock market continues to fall as concerns and worries keeps getting stronger over global economic reopening as fresh COVID-19 restrictions are being imposed across major European and Asian countries.

Market closed Tuesday with all three major indices declining. The afternoon slide was led by companies that would lose out with the not-so anticipated global reopening since the COVID-19 outbreak is still threatening the economic recovery.

Stock market has been quite erratic recently as investors weigh in between the possibility of a sudden appearance of inflation affecting interest rates and the chance of the economy getting better.

The three major market indices end up with losses as the market closed this Thursday. Led by NASDAQ - the tech heavy-weight, the sell off in the market was a result of investors looking at Treasury bonds.

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Pacific tycoon has won a contract to supply containers for the largest civil engineering project in the world. This project, located in Jubail in Saudi Arabia, is being constructed in 4 phases over 22 years for an investment of more than USD80 billion.

Major indices have ended positive taking back some of its earlier losses since last week as investors outweigh economic recovery over growing numbers of confirmed coronavirus cases in the country.

All major indices have rose first day of December hitting fresh intraday record high following a historical rally this November.

Major Indices has set for a solid positive start this week after pragmatic reports of Coronavirus vaccine has brought optimism in the market.

After record setting session from Monday's market, the Dow and S&P 500 both declined after shares from Big Pharmacy companies are under a strain.

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Major indices climbed up as market ends this week with traders getting hope that a new set of potential coronavirus stimulus package will push through.

Major Indices rebound as talk about additional fiscal stimulus package could still reach an agreement after US President Trump renewed support in the proposal.

Major stocks rose getting back few points loss from yesterday's bout after investors saw positive developments among congressional lawmakers to push further fiscal stimulus.

Investors hope for a new deal on the US Stimulus package that is still being tackled in the House made most stocks higher as trading session closed this Monday, led by banks and tech giants.

Major stocks eke out gains on today's session recovering some of its losses from yesterday's selloff.

Nasdaq and S&P 500 dipped in today's session after most of the shares from tech giants has declined.

Technology related shares surge has helped US stocks closed higher on today's session, as they continue to recover most of its losses from last weeks. Nasdaq's back-to-back sessions of advances has led the market higher.