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| HSI1 | 24,382.47 | -894.85 | 368.68B |
| HSCEI1 | 8,307.82 | -266.25 | 134.15B |
| Back Zoom + Zoom - Block Traded | |
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2026-03-23 17:06:54 The war ignited by the US and Israel against Iran has entered its fourth week, prompting investors to worry about the deteriorating situation in the Middle East. US President Donald Trump threatened Iran to open the Strait of Hormuz within 48 hours or face attacks on its power plants. Meanwhile, Iran threatened to attack US allies' infrastructure and desalination facilities in the Middle East. Futures for the three major US stock indices deepened their losses, with DJIA futures last down 207 points or 0.45%, S&P 500 futures down 0.6%, and Nasdaq futures down 0.7%. Major stock markets in the Asia-Pacific region were dismal today (23rd). China's Shanghai and Shenzhen markets closed down 3.6% and 3.8%, Hong Kong bourse slumped 3.5%, and Taiwan stocks cratered 2.5%. Japan's Nikkei and South Korea's Kospi ended down 3.5% and 6.5%, respectively. International gold prices plunged nearly 10% last week, marking the largest weekly drop since September 2011. Expectations for rate cuts cooled drastically, with some market participants even betting that the Fed may raise rates this year. New York gold futures continued to plunge by 7.7%, reporting at USD4,222 per ounce, having dropped nearly 10% intraday to a low of USD4,119, marking a new low for the year. Spot gold tumbled 5.2%, reporting at USD4,252 per ounce. The Shanghai Gold Exchange issued a notice warning that there are many factors affecting market instability recently, and the volatility of precious metal prices has immensely intensified. All member units are urged to closely monitor market changes, carefully prepare risk contingency plans, and maintain stable market operations. At the same time, investors are reminded to manage risks, control positions reasonably, and invest rationally. ~ AASTOCKS Financial News Website: www.aastocks.com | |