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Hong Kong Stock Market May Extend Thursday's Losses
The Hong Kong stock market on Thursday ended the two-day winning streak in which it had advanced almost 280 points or 1.2 percent. The Hang Seng Index now rests just above the 24,710-point plateau and it's expected to see continued consolidation on Friday.
The global forecast for the Asian markets
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GDP and jobless figures suggestive of a stalling economy, but tech stocks say otherwise [Video]
Alistair looks at the GDP figures and Jobless claims for the US from overnight and outlines the negative data from the week and the FEDs dovish tone. Plus, he takes a look at some of the FAANGs earnings one day after the congress interrogations.
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Wall Street Sees Red
Gross Domestic Product for the second quarter and the weekly jobless claims might be the focus on Thursday. The unremitting surge in COVID -19 infections across the globe continues to dampen investment sentiments.
Trading on Thursday may be impacted by reaction to report as well as a preliminary
Pull-up Update