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Hang Seng Pushes Higher After LNY Break


Hong Kong returned from the LNY break observed in the city, reacting to the interim bid in U.S. tech stocks and positive signs re: Chinese consumer spending during the holiday period. That allowed the Hang Seng to add the best part of 2% as of typing.

  • Elsewhere, the Nikkei 225 was very limited, posting modest losses ahead of the close.
  • Meanwhile, holidays in mainland China, Australia and India sapped a notable amount of liquidity from the region.
  • E-minis were flat to 0.4% higher, with the NASDAQ 100 leading the way as the tech benchmark ticked higher in lieu of Tesla’s quarterly earnings.
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