Investment 11/7/2025
The Hang Seng Index opened 26 points lower at 23,865 points, then fell 71 points to 23,820 points. It rose 195 points in the afternoon, reaching a high of 24,087 points. The full-day increase was 136 points or 0.56% to 24,028 points; the Technology Index fell 15 points or 0.29% to 5,216 points. The main board turnover was HK$246.7 billion.
The US Federal Reserve's interest rate record last month showed that most officials are still waiting to see the impact of tariff policy news on inflation, and the divergence of views on the pace of interest rate cuts has widened, which is expected to continue to trouble the market. In addition, US President Trump has recently announced news of additional tariffs, which is believed to also drag down the market atmosphere. Hong Kong stocks lack a catalyst for short-term growth, and the Hang Seng Index is likely to remain between 23,500 and 24,500 points. Hong Kong stocks have been fluctuating in a narrow range recently, lacking a sense of direction. On the one hand, the Hang Seng Index is barely above the rising track of the daily chart, but on the other hand, it is unable to break through upward. In an uncertain market, the market is prone to sudden changes.
European stock markets were mixed, with British and French stocks rising 1.23% and 0.3% respectively, but German stocks fell 0.38%.
The market is digesting the impact of the latest US tariff measures. The US Treasury's bond auction results were good. US stocks rebounded on Thursday. The Dow Jones Industrial Average opened 31 points lower and then turned around and rose as much as 317 points to 44,775 points; the S&P 500 rose 0.43% to 6,290 points; the Nasdaq, which is dominated by technology stocks, fell as much as 0.56%, and then rose 0.21% to 20,655 points. Some large technology stocks showed pressure to take back, but it did not prevent the S&P 500 and Nasdaq from breaking through the intraday peak and setting a record high at the close.
At the close of the U.S. stock market, the Dow Jones Industrial Average was at 44,650 points, up 192 points or 0.43%; the S&P 500 rose 17 points or 0.27% to 6,280 points; and the Nasdaq rose slightly by 19 points or 0.09% to 20,630 points.
The U.S. dollar index rose 0.38% to 97.921, the euro fell 0.49% to $1.1663, and the yen fell 0.31% to 146.79 per dollar. Bitcoin hit a record high of $113,767.
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