The Hong Kong stock market has been volatile, with the Hang Seng Index hovering just below 20,610 points. Global markets are soft ahead of the FOMC rate decision, impacting Asian markets. On Friday, the Hang Seng closed slightly higher due to gains in financials and casinos. However, properties, technology, and oil stocks were mixed. Wall Street ended in the red on Friday, with the Dow, NASDAQ, and S&P 500 all closing lower. Snap Inc. and Twitter reported disappointing quarterly results. Crude oil prices fell on concerns about energy demand. Hong Kong will release June data on imports, exports, and trade balance today.
Read more at Nasdaq, Inc.: Hong Kong Bourse May Hand Back Friday’s Gains
