Related News

A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images Chip stocks bounced on Monday, clawing back

Jaque Silva | Nurphoto | Getty Images Charlie Kawwas, president of the semiconductor solutions group at Broadcom, on Monday suggested that OpenAI is not the mystery $10 billion customer that

Isro opens XPoSat observatory to Indian scientists BENGALURU: Isro on Monday announced the first Announcement of Opportunity (AO) cycle for its X-ray Polarimeter Satellite (XPoSat), inviting Indian scientists and researchers

A Xiaomi electric car SU7 in a store in Yichang, Hubei Province, China on July 19, 2025. Cfoto | Future Publishing | Getty Images Chinese tech giant Xiaomi saw its

For the first time in history, scientists have captured an image of two black holes orbiting each other, confirming a long-held astronomical theory. Researchers from the University of Turku in

FILE PHOTO: Ariel Cohen during a panel at DLD Munich Conference 2020, Europe’s big innovation conference, Alte Kongresshalle, Munich. Picture Alliance for DLD | Hubert Burda Media | AP Navan,

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Hang Seng index dips amid China-US trade talks; European stocks rise, Fed decision in focus

Word Count: 683 | Estimated Reading Time: 4 minutes


Hang Seng index dips amid China-US trade talks; European stocks rise, Fed decision in focus

Global shares traded on mixed cues on Tuesday as investors focused on high-stakes trade negotiations between the US and China, while awaiting key economic data and central bank decisions later this week.France’s CAC 40 rose 1.1% to 7,887.57, Germany’s DAX advanced 1% to 24,191.38, and the UK’s FTSE 100 was up 0.3% in early trade. US futures also pointed higher, with the S&P 500 gaining 0.2% and the Dow Jones Industrial Average up 0.1%, AP reported.Asian markets, however, displayed caution. Japan’s Nikkei 225 shed 0.8% to close at 40,674.55 amid broad-based losses in auto and financial stocks. Toyota Motor fell 2.3% and Honda declined 2.1%, while Sumitomo Mitsui Financial and Mitsubishi UFJ dropped 1.8% and 1.6% respectively.In China, Hong Kong’s Hang Seng slipped 0.2% to 25,524.45, while the Shanghai Composite Index edged up 0.3% to 3,609.71. South Korea’s Kospi rose 0.7% to 3,230.57, supported by a modest gain in Samsung Electronics, which had surged on Monday after signing a chip supply deal with Tesla.Australia’s S&P/ASX 200 inched up 0.1% to 8,704.60.Investor focus remained on US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng’s ongoing trade dialogue in Stockholm, which comes ahead of an August 1 deadline. Analysts noted that tariffs have now become entrenched in broader geopolitical negotiations.“Tariffs are now well entrenched in the geo-political arena, beyond addressing mere economic imbalances,” Tan Boon Heng of Mizuho Bank said.Back in the US, the S&P 500 closed marginally higher on Monday at 6,389.77, notching an all-time high for the sixth straight session. The Nasdaq composite added 0.3% to end at a record 21,178.58, while the Dow dipped 0.1% to 44,837.56.Investors now await the US Federal Reserve’s policy decision later this week, with most analysts expecting rates to remain unchanged until at least September. Corporate earnings are also in focus, with nearly a third of S&P 500 companies set to report this week.In the energy market, US crude climbed 50 cents to $67.21 a barrel, while Brent crude rose 47 cents to $69.79. On the currency front, the US dollar slipped slightly to 148.53 yen from 148.56 yen, while the euro declined to $1.1567 from $1.1589.





Source link

Most Popular Articles