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On September 7, Chow Tai Fook announced that its Board of Directors is pleased to announce that the company has been selected by Hang Seng Indexes Company Limited to be included in the Hang Seng Composite Index, effective September 8, 2025. The Board believes that inclusion in the Hang Seng Composite Index reflects the capital markets high recognition of the companys business performance and value. This move will help the company further expand its shareholder base, enhance share trading liquidity, and continuously strengthen the companys investment value and reputation in the capital market.Tip: Japanese Prime Minister Shigeru Ishibas press conference ends.Japanese Prime Minister Shigeru Ishiba: Trade agreements, wages, agriculture and security remain key issues.Japanese Prime Minister Shigeru Ishiba: I also believe that agricultural reform is a necessary measure.Japanese Prime Minister Shigeru Ishiba: We must ensure that the momentum of wage increases is maintained.

S&P 500 Rebounds Ahead Of Tomorrow’s PPI Report

Florala Chen

Dec 09, 2022 15:39


S&P 500 Advances as Risk Appetite Increases

The S&P 500 recovered in the direction of the 3975 mark as risk appetite rose. The Initial Jobless Claims report, which was made available to traders today, showed that 230,000 Americans applied for jobless benefits in a single week. The report was in line with expert expectations and had no effect on market trends.


Despite the fact that Treasury yields are rising today, traders are concentrating on the chance to buy stocks following the recent dip.


The IT sector is driving the recovery. NVIDIA, Seagate, and Intuit are among of the companies that have benefited the most from this sector.


Most market categories are rising in today's wide upward movement. In the meantime, despite the expected recovery in oil demand in China, energy stocks are mostly unchanged as WTI oil remains under pressure.


From a broad perspective, today's trading activity appears to be a typical comeback following the significant downturn. On Friday, when traders will be concentrating on PPI readings for November and early Michigan Consumer Sentiment data for December, the market's optimism will be put to the test.

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