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U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.45%, the S&P 500 down 0.5%, and the Nasdaq Composite down 1.35%. Alphabet (GOOG.O) plunged 11.7%, dragging down AI software stocks, as its Q3 revenue missed expectations and cash

2026-10-29

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.45%, the S&P 500 down 0.5%, and the Nasdaq Composite down 1.35%. Alphabet (GOOG.O) plunged 11.7%, dragging down AI software stocks, as its Q3 revenue missed expectations and cash burn intensified. Microsoft (MSFT.O) rose 0.5%, reporting much better-than-expected cash flow and forecasting strong growth in its cloud business. Storage stocks collectively declined, influenced by Samsung Electronics' earnings, with Micron Technology (MU.O) falling 1.8%.

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2026-10-29

Hong Kong stocks closed lower, with the Hang Seng Index down 0.59% and the Tech Index down 2.84%. Chip stocks weakened throughout the day, with Biren Technology (06082.HK) falling over 10% and Hua Hong Grace (01347.HK) falling over 7%. New Oriental (

Hong Kong stocks closed lower, with the Hang Seng Index down 0.59% and the Tech Index down 2.84%. Chip stocks weakened throughout the day, with Biren Technology (06082.HK) falling over 10% and Hua Hong Grace (01347.HK) falling over 7%. New Oriental (09901.HK) fell over 14% after its earnings release.
2026-10-29

At the open, China's major futures contracts were mixed with more gains than losses. Fuel oil and asphalt rose over 3%; propylene, short fiber, plastics monthly average, PET bottle flake and other plastics gained more than 2%; low-sulfur fuel oil (LU

At the open, China's major futures contracts were mixed with more gains than losses. Fuel oil and asphalt rose over 3%; propylene, short fiber, plastics monthly average, PET bottle flake and other plastics gained more than 2%; low-sulfur fuel oil (LU) was up nearly 2%. On the downside, lithium carbonate fell over 4%; caustic soda dropped more than 2%; Shanghai silver and live hog futures slipped about 2%; No.20 rubber, rubber, soda ash and Shanghai lead fell over 1%; Shanghai aluminum eased nearly 1%.
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