The Fed announced this morning the minutes of last month’s interest rate discussions. The authorities hinted that it might raise interest rates as early as March this year, and may mention reducing the balance sheet before the end of this year.
Affected by related news, US stocks fell sharply, with the Nasdaq slumping more than 500 points.
The performance of technology stocks this morning is a subject of concern for market participants.
Whether the bank stocks that performed well yesterday will continue to benefit from rising debt yields today is another target of concern for market participants.
The Hang Seng Index opened 64 points lower at 22,843 points. The H-Share Index opened 10 points lower at 8005 points. The KSI continued to find a bottom and opened lower at 38 points at 5285 points.