Wall Street soars as Hong Kong sees biggest single-day drop since 2008

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Wall Street soars as Hong Kong sees biggest single-day drop since 2008

Fortune10-09

China's markets saw their biggest single-day drop since 2008 on Tuesday as markets reopened after the Golden Week holidays, setting off a ripple effect through Europe. Meanwhile, U.S. markets were ...

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Meanwhile, U.S. markets were ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wall-street-soars-hong-kong-202317559.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street soars as Hong Kong sees biggest single-day drop since 2008</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street soars as Hong Kong sees biggest single-day drop since 2008\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-09 04:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/wall-street-soars-hong-kong-202317559.html><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China's markets saw their biggest single-day drop since 2008 on Tuesday as markets reopened after the Golden Week holidays, setting off a ripple effect through Europe. 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Meanwhile, U.S. markets were nearing their September records as tech stocks saw major gains.U.S.: Markets soar on strong tech despite China's woesThe group of tech stocks known as the “Magnificent Seven” all rose on Tuesday, with the largest gain in tech stocks going to Nvidia, up 4.1%. The gains were key to keeping indexes in the green Tuesday, while a drop in oil prices also helped Wall Street defy the ripple effect from China's steep drops. The tech-heavy Nasdaq flirted with its previous record, closing up 1.45% while the S&P 500 was up 0.97% and the Dow Jones Industrial Average climbed 0.30%. Japan: Spending data rattles investors The Nikkei 225 slipped 1% as the yen gained slightly and household spending fell by 1.9%—the fastest rate since January, although less than expected by economists.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"VOO":"Vanguard标普500ETF","UPRO":"三倍做多标普500ETF","BK4534":"瑞士信贷持仓","SSO":"两倍做多标普500ETF","BK4559":"巴菲特持仓","SPXU":"三倍做空标普500ETF","BK4588":"碎股","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","BK4079":"房地产服务","SDS":"两倍做空标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","OEX":"标普100",".SPX":"S&P 500 Index","BK4539":"次新股","IVV":"标普500指数ETF","COMP":"Compass, Inc.","SH":"标普500反向ETF","BK4585":"ETF&股票定投概念"},"translate_title":"香港创2008年以来最大单日跌幅，华尔街飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COMP":0.9,"VOO":0.78,"SPY":0.78,"ESmain":0.6,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,"IVV":0.6,".SPX":0.6},"content_text":"China's markets saw their biggest single-day drop since 2008 on Tuesday as markets reopened after the Golden Week holidays, setting off a ripple effect through Europe. Meanwhile, U.S. markets were nearing their September records as tech stocks saw major gains.\n\nS&P 500 Futures: 5,805.75 ⬆️ up 1.04%\nS&P 500: 5,751.13 ⬆️ up 0.97%\nNasdaq Composite: 18,182.92 ⬆️ up 1.45%\nDow Jones Industrial Average: 42,080.37 ⬆️ up 0.30% \nHang Seng Index: 20,926.79 ⬇️ down 9.41%\nFTSE 100: 8,190.61 ⬇️ down 1.36%\nSTOXX Europe 600: 516.64 ⬇️ down 0.55%\nSSE Composite: 3,489.78 ⬆️ up 4.59%\nNikkei 225: 38,937.54 ⬇️ down 1.00%\nBitcoin: $63,126.50 ⬆️ up 0.48%\n\nU.S.: Markets soar on strong tech despite China's woesThe group of tech stocks known as the “Magnificent Seven” all rose on Tuesday, with the largest gain in tech stocks going to Nvidia, up 4.1%. The gains were key to keeping indexes in the green Tuesday, while a drop in oil prices also helped Wall Street defy the ripple effect from China's steep drops. The tech-heavy Nasdaq flirted with its previous record, closing up 1.45% while the S&P 500 was up 0.97% and the Dow Jones Industrial Average climbed 0.30% \nEurope: Luxury goods take a hit as China optimism fadesEuropean stocks fell almost across the board Tuesday, as worries about Mideast tensions and fading China optimism took hold. Luxury goods took a tumble, with LVMH down almost 5%, Hermès off 3% and Gucci-owner Kering down more than 7%. The STOXX Europe 600 fell 0.85% and the U.K.’s FTSE 100 was down 1.27% early trading.\nChina: Shanghai gives back huge early gains and Hong Kong plungesBeijing's mid-morning explanation of its stimulus plans—which offered few details and no new big measures—appeared to fall flat with investors. The Hang Seng index fell by 9.41% on Tuesday, its worst day since the financial crisis. Shanghai’s market opened up almost 10% but faded to close with a 4.59% gain.\nJapan: Spending data rattles investors The Nikkei 225 slipped 1% as the yen gained slightly and household spending fell by 1.9%—the fastest rate since January, although less than expected by economists.\nThis story was originally featured on Fortune.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}