HANG SENG INDEX (^HSI)
| Previous Close | 21,958.36 |
| Open | 21,811.08 |
| Volume |
| Day's Range | 21,459.65 - 21,820.78 |
| 52 Week Range | 14,597.31 - 25,050.59 |
| Avg. Volume | 2,993,169,776 |
- Financial Times
US stocks and Treasuries slide after strong payroll report
US stocks dropped on Friday after jobs growth in the world’s largest economy unexpectedly accelerated, damping expectations that the Federal Reserve will soon stop raising interest rates. Government bonds also sold off heavily, more than reversing the previous day’s large gains. Leading central banks this week raised interest rates to their highest levels since the global financial crisis, yet investors rushed into equities and bonds after officials hinted that the current cycle of monetary tightening may be nearing its end.
- Reuters
EMERGING MARKETS-Emerging market stocks post first weekly drop this year
Emerging market stocks fell on Friday, and were on track for their first weekly fall since the start of the year, driven by weakness in Chinese stocks after the world's second largest economy came back from its Lunar New Year break. The MSCI's index for emerging market stocks slipped 0.5% by 0905 GMT and was set to snap its five-week winning streak after its January rally, supported by hopes of recovery in China as it lifted its strict COVID curbs.
