S&P 500 futures fell 0.4%; Nasdaq futures fell 0.7%.

At the midday break the Hang Seng Index was up 0.64% at 24,666.09 after earlier gains of more than 1%; the Hang Seng TECH Index was down 0.54% at 4,288.61. Sector movers: pork names and oil & gas outperformed; mainland banks and property names were active; autos faded after intraday strength. Technology hardware underperformed — memory/storage themes sold off and PCB chains led losses. Notable stock moves: Yangtze Optical Fibre & Cable (06869.HK) down ~14%; Cambridge Technology (06166.HK), Zhongji Xuchuang (03308.HK) and Shenghong Technology (02476.HK) down over 9%; MINIMAX-W (00100.HK) down ~9%; Kingboard Laminates (01888.HK) down >7%. Winners included CanSino Biologics (06185.HK) +4.5%, NetEase (09999.HK) +4.4%, PetroChina (00857.HK) +4.0% and ICBC (01398.HK) +2.4%.

美债收益率在周一盘初继续上行，2年期收益率升至4.9%，10年期升至5.2%。