Financial Market Preview - Tuesday 15-Oct
FactSet U.S. Daily Market Preview - A podcast by FactSet
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S&P futures are relatively stable, indicating a flat open as markets digest a mix of corporate earnings, macro data, and geopolitical developments. Asian equities mostly traded higher today, except for Greater China. European markets are broadly higher today following a positive US close, with the STOXX 600 nearing an all-time high. For today's highlight, China's market selloff intensified, with the Hang Seng index dropping almost (4%) due to weak economic data and uncertainty over fiscal stimulus plans, which disappointed investors. Key sectors like consumption, internet, and IT, along with mainland property indexes, also saw significant declines. Companies Mentioned: Frontier Communications, AMD, NVIDIA, Intel