Futures Edge Up; Hong Kong Stocks Rally -- WSJ

Dow Jones

21 Feb

By Caitlin McCabe

AI enthusiasm is lifting markets again-this time in Asia.

Chinese stocks mounted a fierce rally after e-commerce company Alibaba reported strong results from its AI strategy and pledged more aggressive investment in the space. Shares of Alibaba leaped 15% in Hong Kong, lifting other tech shares. Hong Kong's Hang Seng Index notched its biggest daily gain in nearly five months.

Performance of AI stocks has been choppy since the emergence of Chinese AI upstart DeepSeek. Even on Friday, excitement in Asia did little to move the needle on AI stocks in the U.S., which posted muted moves ahead of the opening bell.

In recent trading:

--U.S. stock futures edged up. On Thursday, indexes fell after weaker-than-expected sales guidance from Walmart stoked concerns about consumer strength.

--The 10-year Treasury yield was little changed after settling Thursday just below 4.5%.

--The yen weakened against the dollar after Bank of Japan Gov. Kazuo Ueda pledged to respond to the recent rise in bond yields.

--Gold futures retreated but held close to recent all-time highs.

--Oil prices declined. Brent-crude futures slipped below $76 a barrel, on pace to break a four-session rising streak.

Up ahead:

--Readings from S&P Global on U.S. manufacturing and services sectors are due at 9:45 a.m. ET.

--Data on existing home sales and consumer sentiment are due at 10 a.m.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 21, 2025 06:00 ET (11:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Shares of Alibaba leaped 15% in Hong Kong, lifting other tech shares. Hong Kong's Hang Seng Index notched its biggest daily gain in nearly five months. \n</p>\n<p>\n  Performance of AI stocks has been choppy since the emergence of Chinese AI upstart DeepSeek. Even on Friday, excitement in Asia did little to move the needle on AI stocks in the U.S., which posted muted moves ahead of the opening bell. \n</p>\n<p>\n  In recent trading: \n</p>\n<p>\n  --U.S. stock futures edged up. On Thursday, indexes fell after weaker-than-expected sales guidance from Walmart stoked concerns about consumer strength. \n</p>\n<p>\n  --The 10-year Treasury yield was little changed after settling Thursday just below 4.5%. \n</p>\n<p>\n  --The yen weakened against the dollar after Bank of Japan Gov. Kazuo Ueda pledged to respond to the recent rise in bond yields. \n</p>\n<p>\n  --Gold futures retreated but held close to recent all-time highs. \n</p>\n<p>\n  --Oil prices declined. 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The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 21, 2025 06:00 ET (11:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Futures Edge Up; Hong Kong Stocks Rally -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFutures Edge Up; Hong Kong Stocks Rally -- WSJ\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-21 19:00</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Caitlin McCabe \n</p>\n<pre>\n \n</pre>\n<p>\n  AI enthusiasm is lifting markets again-this time in Asia. \n</p>\n<p>\n  Chinese stocks mounted a fierce rally after e-commerce company Alibaba reported strong results from its AI strategy and pledged more aggressive investment in the space. Shares of Alibaba leaped 15% in Hong Kong, lifting other tech shares. Hong Kong's Hang Seng Index notched its biggest daily gain in nearly five months. \n</p>\n<p>\n  Performance of AI stocks has been choppy since the emergence of Chinese AI upstart DeepSeek. Even on Friday, excitement in Asia did little to move the needle on AI stocks in the U.S., which posted muted moves ahead of the opening bell. \n</p>\n<p>\n  In recent trading: \n</p>\n<p>\n  --U.S. stock futures edged up. On Thursday, indexes fell after weaker-than-expected sales guidance from Walmart stoked concerns about consumer strength. \n</p>\n<p>\n  --The 10-year Treasury yield was little changed after settling Thursday just below 4.5%. \n</p>\n<p>\n  --The yen weakened against the dollar after Bank of Japan Gov. Kazuo Ueda pledged to respond to the recent rise in bond yields. \n</p>\n<p>\n  --Gold futures retreated but held close to recent all-time highs. \n</p>\n<p>\n  --Oil prices declined. Brent-crude futures slipped below $76 a barrel, on pace to break a four-session rising streak. \n</p>\n<p>\n  Up ahead: \n</p>\n<p>\n  --Readings from S&P Global on U.S. manufacturing and services sectors are due at 9:45 a.m. ET. \n</p>\n<p>\n  --Data on existing home sales and consumer sentiment are due at 10 a.m. \n</p>\n<pre>\n \n</pre>\n<p>\n  This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 21, 2025 06:00 ET (11:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0256863902.USD","symbol_name":"ALLIANZ US EQUITY \"AT\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2513651002","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513651002","pubTimestamp":1740135600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"AI enthusiasm is lifting markets again-this time in Asia.Chinese stocks mounted a fierce rally after e-commerce company Alibaba reported strong results from its AI strategy and pledged more aggressive investment in the space. Shares of Alibaba leaped 15% in Hong Kong, lifting other tech shares. Hong Kong's Hang Seng Index notched its biggest daily gain in nearly five months.Performance of AI stocks has been choppy since the emergence of Chinese AI upstart DeepSeek. Even on Friday, excitement in Asia did little to move the needle on AI stocks in the U.S., which posted muted moves ahead of the opening bell.--U.S. stock futures edged up. On Thursday, indexes fell after weaker-than-expected sales guidance from Walmart stoked concerns about consumer strength.--The 10-year Treasury yield was little changed after settling Thursday just below 4.5%.--The yen weakened against the dollar after Bank of Japan Gov. Kazuo Ueda pledged to respond to the recent rise in bond yields.--Gold futures retrea","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4538":"云计算","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1046421795.USD":"富达环球科技A-ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4531":"中概回港概念","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4524":"宅经济概念","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","BK4526":"热门中概股","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","WMT":"沃尔玛","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","BK4607":"DeepSeek概念股","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4550":"红杉资本持仓","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","BK4535":"淡马锡持仓","BK4505":"高瓴资本持仓","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4502":"阿里概念","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","BK4588":"碎股","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","09988":"阿里巴巴-W","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4587":"ChatGPT概念","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4548":"巴美列捷福持仓","BABA":"阿里巴巴","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC"},"translate_title":"期货小幅上涨；港股上涨——华尔街日报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":0.9,"WMT":0.9,"09988":0.9},"content_text":"By Caitlin McCabe \n\n\n \n\n\n  AI enthusiasm is lifting markets again-this time in Asia. \n\n\n  Chinese stocks mounted a fierce rally after e-commerce company Alibaba reported strong results from its AI strategy and pledged more aggressive investment in the space. Shares of Alibaba leaped 15% in Hong Kong, lifting other tech shares. Hong Kong's Hang Seng Index notched its biggest daily gain in nearly five months. \n\n\n  Performance of AI stocks has been choppy since the emergence of Chinese AI upstart DeepSeek. Even on Friday, excitement in Asia did little to move the needle on AI stocks in the U.S., which posted muted moves ahead of the opening bell. \n\n\n  In recent trading: \n\n\n  --U.S. stock futures edged up. On Thursday, indexes fell after weaker-than-expected sales guidance from Walmart stoked concerns about consumer strength. \n\n\n  --The 10-year Treasury yield was little changed after settling Thursday just below 4.5%. \n\n\n  --The yen weakened against the dollar after Bank of Japan Gov. Kazuo Ueda pledged to respond to the recent rise in bond yields. \n\n\n  --Gold futures retreated but held close to recent all-time highs. \n\n\n  --Oil prices declined. Brent-crude futures slipped below $76 a barrel, on pace to break a four-session rising streak. \n\n\n  Up ahead: \n\n\n  --Readings from S&P Global on U.S. manufacturing and services sectors are due at 9:45 a.m. ET. \n\n\n  --Data on existing home sales and consumer sentiment are due at 10 a.m. \n\n\n \n\n\n  This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 21, 2025 06:00 ET (11:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}