S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketShares in Hong Kong dipped 273 points, or 1.0%, to 25,826 in early Wednesday trade, reversing gains from the prior two sessions amid steep, broad-based losses across sectors. Traders were nervous ahead of key policy events in China, including the annual Central Economic Work Conference and the December Politburo meeting. Fresh private survey data also pressured sentiment, as China’s services sector grew the least in five months during November, highlighting weakening economic momentum despite Beijing’s efforts to boost activity. An extended decline in mainland markets also added to the bearish tone. Still, losses were partly limited by a rise in U.S. futures as optimism built that the Fed will cut interest rates at its final meeting of the year next week. Meanwhile, steady tourism brought solid retail sales growth in Hong Kong for October. Among notable decliners were XPeng (-3.9%), PICC Property & Casualty (-2.8%), Henderson Land Development (-2.1%), and Tencent Holdings (-1.1%).
