U.S. Stock Indices Closed Up Collectively, H.K. Stocks Opened Slightly Higher - Doo Prime News
Doo Prime News > Analysis > Global Stock Markets > U.S. Stock Indices Closed Up Collectively, H.K. Stocks Opened Slightly Higher
U.S. Stocks 

Fundamental Analysis: 

Major U.S. stock indexes rose on Thursday, 8th September 2022, boosted mainly by financial institutions and health care companies, as investors digested hawkish statements from policymakers that cemented bets that the Federal Reserve will raise interest rates sharply later this month.

Major stock indexes pulled back and forth in choppy trading as concerns remained about what the Fed will do next to curb surging inflation.

The market is also awaiting next week’s U.S. August inflation report for fresh clues as to whether the Fed will raise rates by 50 basis points, or 75 basis points, at its next policy meeting on 20th – 21st September 2022.

Technical Analysis:

(Dow 30, 1-hour chart) 

Execution Insight: 

The Dow focuses on the 31661-line today. If the Dow runs steadily above the 31661-line, it will pay attention to the suppression strength of the 31995 and 32455 positions. If the Dow runs steadily below the 31661-line, it will pay attention to the support strength of the 31265 and 31000 positions.

Hong Kong Stocks 

Fundamental Analysis: 

Overnight, the three major U.S. stock indices closed up collectively, while Chinese stocks fell in general.

Hong Kong stocks opened slightly higher, the Hang Seng Index (HSI) rose 0.21%, the Hang Seng China Enterprises Index (HSCEI) rose 0.24%, and Hang Seng TECH Index (HSTECH) rose 0.14%.

On the market, large technology stocks generally rebounded, Baidu, Inc. (9888.HK) rose about 2%, JD.com, Inc. (9618.HK), NetEase, Inc. (9999.HK), and Meituan (3690.HK) are up.

After the performance of the U.S. stocks, Bilibili Inc. (9626.HK) tumbled more than 15%, H shares opened nearly 15% lower.

Education stocks rose collectively, wind power stocks continue to strengthen, biotechnology stocks, cell phone concept stocks, most of the restaurant stocks rose.

On the other hand, semiconductor stocks, gambling stocks, blue-chip real estate stocks were lower, and Semiconductor Manufacturing International Corporation (0981.HK) fell nearly 1%.

Technical Analysis: 

(HK50, 1-hour chart) 

Execution Insight: 

HK50 focuses on the 19517-line today. If HK50 can run stably above the 19517-line, it will pay attention to the suppression strength of the 20467 and 21450 positions. If the HK50 runs below the 19517-line, it will pay attention to the support strength of the 18606 and 17535 positions.

FTSE China A50 Index 

Technical Analysis: 

(FTSE China A50, 1-hour chart) 

Execution Insight: 

FTSE China A50 focuses on the 13157-line today. If the A50 runs steadily below the 13157-line, it will pay attention to the support strength of the two positions of 12945 and 12733. If the A50 runs above the 13157-line, it will open up further upward space. At that time, pay attention to the two positions of 13544 and 13887.

Risk Disclosure   
Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance.  Investments in certain services should be made on margin or leverage, where relatively small movements in trading prices may have a disproportionately large impact on the client’s investment and client should therefore be prepared to suffer significant losses when using such trading facilities.   

Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with Doo Prime’s trading platforms. You should seek independent professional advice if you do not understand any of the risks disclosed by us herein or any risk associated with the trade and investment of financial instruments. Please refer to Doo Prime’s Client Agreement and Risk Disclosure Statement to find out more. 

[Disclaimer]  
This information is addressed to the general public solely for information purposes and should not be taken as investment advice, recommendation, offer, or solicitation to buy or sell any financial instrument. The information displayed herein has been prepared without any reference or consideration to any particular recipient’s investment objectives or financial situation. Any references to the past performance of a financial instrument, index, or a packaged investment product shall not be taken as a reliable indicator of its future performance. Doo Prime and its holding company, affiliates, subsidiaries, associated companies, partners and their respective employees, as well as managers, make no representation or warranties to the information displayed and Doo Prime and its holding company, affiliates, subsidiaries, associated companies, partners and their respective employees, as well as managers, shall not be liable for any direct, indirect, special or consequential loss or damages incurred a result of any inaccuracies or incompleteness of the information provided. Doo Prime and its holding company, affiliates, subsidiaries, associated companies, partners and their respective employees, as well as managers, shall not be liable for any direct, indirect, special or consequential loss or damages incurred as a result of any direct or indirect trading risks, profit, or loss arising from any individual’s or client’s investment. 

Share to

One Click Away To Global Investments

Register
Trade glod and Sliver on Doo Prime Doo Prime provides mainstream index futures and commodity futures around the world Doo Prime provide over 300 the most popular US and Hong Kong stock cfd products