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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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  • 57% of the sources are Center
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abc News broke the news in United States on Tuesday, February 18, 2025.
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