HK Movers | Dongfeng Group Surge 15% as Lantu FREE+ Secures 20,000 Orders in 9 Days

U.S. stocks fell as the 10-year U.S. Treasury yield reached its highest level since July 2007, while a rebound in crude oil prices also weighed on equities. Tech and consumer shares led the declines, while software stocks bucked the trend and gained. By the close, the Dow Jones Industrial Average fell 0.68% to 51,511.59; the Nasdaq Composite Index dropped 1.13% to 26,936.04; and the S&P 500 Index declined 0.75% to 7,706.03.

TradingKey - On Wednesday (September 23) Eastern Time, futures tied to the three major U.S. stock indexes edged up in pre-market trading. Diplomatic mediation in the Middle East and the restoration of a key Saudi oil pipeline kept international oil prices below $100 per barrel, temporarily easing energy inflation concerns. Meanwhile, investors are awaiting the summit between Chinese and U.S. leaders and the preliminary U.S. September PMI data, while a strengthening U.S. dollar and the risk of further Federal Reserve rate hikes continue to cap market gains.

TradingKey - Meta Platforms (META) will host its annual developer conference, Meta Connect 2026, in Menlo Park, California, from September 23 to 24. CEO Mark Zuckerberg will deliver the keynote address on September 23 at 4:00 PM PT, with developer-focused sessions taking place the following day.

Meta Platforms (META) will hold its annual product event, Meta Connect 2026, from September 23 to 24 local time. As the company expands the focus of Connect from VR to AI, AR, smart glasses, and the metaverse, the market expects this year's conference to highlight hardware iterations and advancements in its AI strategy.

TradingKey - During the week of September 21 to 25, Eastern Time, the US stock market will focus on the meeting between Chinese and US leaders, the Federal Reserve's policy outlook, and economic data such as US new home sales and durable goods orders.