HANG SENG INDEX (^HSI)
| Previous close | 21,958.36 |
| Open | 21,811.08 |
| Volume |
| Day's range | 21,459.65 - 21,820.78 |
| 52-week range | 14,597.31 - 25,050.59 |
| Avg. volume | 2,976,653,374 |
- Financial Times
US stocks and bonds fall after blockbuster jobs report
Equities gain on the week but investors reassess interest rate outlook after unexpected labour market acceleration
- Yahoo Finance UK
Wall Street and FTSE push higher as central banks hike interest rates
Bank of England ups rates by 50 basis points to highest level since 2008.
- Financial Times
US stocks jump after Fed announces smaller rate rise
US stocks closed at their highest level since last summer and government bonds swung higher on Wednesday after the Federal Reserve announced a further slowdown in the pace of interest rate rises. The US central bank lifted its benchmark interest rate 0.25 percentage points to a range of 4.5 per cent to 4.75 per cent. The widely expected move in the federal funds rate was less than previous increases of 0.5 or 0.75 percentage points undertaken at recent meetings. Wall Street’s benchmark S&P 500 index, which had slipped earlier in the day, rebounded after Fed chair Jay Powell spoke to reporters and closed 1.1 per cent higher for the day.
