From Nasdaq:

The Hong Kong stock market has surged more than 700 points in the past two sessions. The Hang Seng Index finished sharply higher on Thursday, with considerable gains across all sectors, particularly in financials, properties, and technology stocks. U.S. markets finished mixed and little changed yesterday. Chinese stocks surged in Hong Kong. Additionally, Crude oil prices fell sharply on Thursday for several reasons. Nevertheless, the lead from Wall Street was not very clear, and the global forecast hints at little movement ahead of the year’s end.

The Hang Seng Index surged 418.69 points, finishing at 17,043.53–trading between 16,644.43 and 17,086.10. The Dow Jones rose while the NASDAQ dipped. Crude oil prices fell sharply. This is amid some significant data regarding the outlook for interest rates. Additionally, the Labor Department reported that first-time U.S. unemployment benefits rose more than expected. Nevertheless, global momentum remained slow amidst the changing trade dynamics between the U.S and China.



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