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Hang Seng Index futures closed down 0.2% at 25,900 points in overnight trading, a discount of 36 points.
On December 5th, according to AXIOS, the U.S. Government Accountability Office (GAO) confirmed on Thursday that it has launched an investigation into Bill Pulte, the head of the Federal Housing Finance Agency (FHFA), who has drawn criticism for his attacks on Trumps opponents. A GAO spokesperson stated, "I can confirm that the GAO has accepted the request for investigation according to standard procedures. It may take several months to determine the full scope of the investigation and the planned completion timeline." Pulte was also reportedly involved in a grand jury investigation this year related to multiple mortgage fraud investigations. As head of the FHFA, Pulte used his position to accuse Trump administration rivals of mortgage fraud. Pulte has been a critic of the Federal Reserve, frequently calling for Jerome Powells resignation and accusing Federal Reserve Governor Lisa Cook of mortgage fraud. He has also filed similar allegations against New York Attorney General James and California Democratic Senator Schiff.
The Federal Reserve accepted a total of $2.233 billion from 39 counterparties in its fixed-rate reverse repurchase operations.
Meta Platforms (META.O): We are launching a brand new, centralized platform on Facebook and Instagram that brings together support tools and options in one place.
The U.S. Geological Survey reported a false alarm regarding a 5.9 magnitude earthquake near Reno and Carson City, Nevada.