Investment 12/8/2025
Hong Kong stocks were trading in a volatile market. The Hang Seng Index opened 87 points, or 0.35%, higher, before falling 83 points to 24,775 in early trading. It ended the day up 47 points, or 0.19%, at 24,906. The Tech Index fell 0.01% to 5,460. Main Board turnover exceeded HK$200.9 billion.
Hong Kong stocks are currently lacking direction. With no significant positive news, the Hang Seng Index is expected to continue to trade around its 50-DMA (24,411). A confirmed break below this level could lead to a drop of over 1,000 points, reaching the 23,000 level.
In European markets, UK stocks rose 0.37%, while French and German stocks fell 0.57% and 0.34%, respectively.
US stocks lacked a clear direction on Monday, awaiting US inflation data due on Tuesday and the US-Russia summit later this week. The Dow Jones Industrial Average opened slightly higher by 8 points, extending its gains to as much as 97 points, but then reversed course, falling 264 points to a low of 43,911. The S&P 500 fell 0.4% at one point, while the tech-heavy Nasdaq Composite set another record, rising as much as 0.46% to 21,549 before ultimately weakening.
At the close of U.S. trading, the Dow Jones Industrial Average was at 43,975, down 200 points, or 0.45%. The S&P 500 lost 16 points, or 0.25%, to 6,373, while the Nasdaq fell 64 points, or 0.3%, to 21,385.
The U.S. dollar index rose 1.16% to 99.32, while the euro fell 0.46% to $1.159. The yen fell 0.35% to 148.25 per dollar. Bitcoin approached last month's record high, surging 3.33% to $122,305.
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