U.S. stocks showed mixed performance on Thursday, with tech stocks gaining momentum. The S&P 500 and Nasdaq indices rose, while the three major indexes closed with varied results. The U.S. dollar rebounded from recent lows, and the 10-year Treasury yield climbed back to 4.1%. Gold prices edged higher, while oil prices also saw an upward trend.
In Hong Kong, the three major indices opened lower today. The Hang Seng Index (HSI) dropped 0.4% at the open, the Hang Seng TECH Index fell 0.41%, and the Hang Seng China Enterprises Index declined 0.32%.
Sector-wise, most tech stocks declined, with Tencent down over 1%. Robotics-related stocks continued their upward trend, with Sanhua Intelligent Controls rising more than 1%. Property stocks remained active, as Country Garden gained over 1%.
Two new listings debuted today—XIAO NOODLES and Tianyu Semiconductor—both opening lower. XIAO NOODLES plunged nearly 29%, while Tianyu Semiconductor dropped over 34%.