Stock market today: Asia stocks mixed as Chinese technology stocks slip
- Asian stocks are mostly higher, with Chinese technology stocks surging after President Xi Jinping met with entrepreneurs, signaling support for the tech industry.
- Hong Kong's Hang Seng rose 1.64%, and the Shanghai Composite added 0.15%.
- In U.S. Markets, the S&P 500 gained 0.2% with support from Tesla, while Toll Brothers fell 5.7% due to weaker-than-expected profits.
- The Federal Reserve indicated it may reduce rate cuts due to persistent inflation.
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Total News Sources9
Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
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