• Global Stocks

Market news

6 November 2017

Global Stocks

The Nasdaq Composite Index made history on Friday, as Apple Inc. helped to propel the technology sector to new heights. The technology-stacked Nasdaq COMP, +0.74% marked its 63rd record close of 2017, surpassing the previous record of 62 all-time closing highs in a calendar year rung up in 1980-a tally it matched on Oct. 31, according to WSJ Market Data Group. All three main benchmark equity indexes closed at records at the same time for the 25th time this year, tying a record for the calendar-year trifecta set in 1995.

Global stock markets were broadly lower in Asia on Monday, despite record gains on Wall Street, with Hong Kong lagging behind the region as China-related firms pulled back. The Hang Seng Index HSI, -0.49% was down 0.6% in afternoon Asian trade, after falling about 1.5%, amid declines in Chinese financial and property stocks. The Hang Seng China Enterprises Index, which tracks the movement of Chinese companies, known as H-shares, was down 1.1%.

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