Hong Kong Island Latest News (Hong Kong)

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Stocks slumped and wrapped below the red line as traders and investors mull over the new print from the Labor Department which basically signified weaker than anticipated growth in payrolls.

The US stocks rallies as fear amongst traders and investors with regards the US governments possible default was trashed out by the recent Washington development.

Stocks climbed with all major indexes ending on a positive note right after news from the Congress was released implying that a raise for the borrowing limit of the government is highly possible to avoid a default.

Stocks climbed as risk assets and tech stocks bounced back from yesterday's decline which was fueled by a rotation away from growth and risk assets due to the lingering worries for inflation.

Stocks traded lower as traders decided to adapt a wait and see attitude in the upcoming earnings and economic prints this week to get more insights re inflation, labor status, the supply chain challenges and the fear it will bring in the market.

Stocks jumped to reverse last month's losses due to volatile trading. All three major indexes ended higher with the Dow recording the best opening session for October since way back 2003.

Trader's main focus this upcoming week will undoubtedly be the results of the September policy meeting of the Federal Reserve, which will provide a clearer outlook on the current standing of the economy.

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Market direction was generally higher for the opening session of the month of September, with most of the major equities trading close to record levels.

Market ended lower as stocks dropped after the monthly report from the Conference Board was released, showing that the consumer confidence dropped lower than expected while the delta variant was running amok.

Market traded with majority of the stocks higher on the opening session of the week, extending advances from last week and setting fresh record levels while waiting for new economic prints to be released.

Overall market movement is down as stocks retreated from record levels after investors adopt a-wait-and-see attitude with the Fed's Jackson Hole Symposium starting today.

Stocks extended gains as they end higher for 3 days now after traders shares optimism brought by the showing of strength of corporate profits, along with the improving economic activity.

Market was able to eke out gains and move forward to have all three major indexes on a 2-day win streak.

Stocks traded higher with the opening session so strongly supported by the investors that are looking forward to the announcement from the Federal Reserve's Jackson Hole Symposium which will start in the latter part of the week.

Another fully packed week is coming right up, with the Fed's Jackson Hole Economic Policy Symposium happening in the latter half of the week, and knowing what to expect and to focus on gives a slight edge in the trading industry.

Investors will be closely watching the annual virtual gathering of the Fed Reserve's policy makers in the Jackson Hole Economic Policy Symposium.

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Silicones play an essential role in producing high-performance EVs since they are used in a wide range of solutions for the assembly, integrity and protection of critical parts in these new vehicles.

Renaissance Holdings and Investment today announced that it will host a private investment symposium on wealth planning at their headquarters in late October.

Alpes Trading today announced that Robert Morrison will join the Firm's Foreign Currency Division to head the sourcing and distribution platform.

ABE Financial Group today announced that they will be focussing on providing more improved electronic trading services to their institutional clients in Asia.

More than 50 employees volunteer to give back to their communities

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The week ends with indexes fighting off prior sessions' losses, with all three benchmark equities wrapping higher.