U.S. stocks advanced on Wednesday as signs of easing tensions in the Middle East and a pullback in oil prices from recent highs improved market sentiment. All three major indices closed higher. The U.S. dollar initially fell before recovering, while the yield on the 10-year Treasury note declined to around 4.33%. Gold prices fluctuated but ended higher, and oil prices stabilized after an early dip.
Hong Kong's three major indices opened lower today. The Hang Seng Index fell 0.27% to 25,267.16 points, the Hang Seng Tech Index dropped 0.68%, and the Hang Seng China Enterprises Index declined 0.41%. In market movements, technology and internet stocks were mixed: JD.com rose more than 2%, while KUAISHOU-W dropped over 9% and Bilibili fell more than 1%. Biopharmaceutical concept stocks were active, with Lepu Biotech climbing over 6%. Automobile stocks showed some weakness, with NIO down more than 2%.