U.S. Movers: HP Enterprise, J B Hunt, United Airlines

Scott Peters
16 Oct, 2025
New York City

J. B. Hunt Transport Services soared 13% to $156.76, and the trucking and logistics services provider's third-quarter results surpassed market expectations. 

Total operating revenue edged down to $3.05 billion from $3.07 billion, net income increased to $170.8 million from $152.1 million, and diluted earnings per share edged up to $1.76 from $1.49 a year ago. 

The transportation company is experiencing volatile market conditions, as businesses front-load orders ahead of the holiday season and in advance of steep U.S. tariffs. 

Gross revenue declined for the intermodal unit by 1%, for the truckload unit by 4%, for the integrated capacity by 8%, and for dedicated contract services by 1%, respectively. 

These losses were somewhat balanced out by a 3% increase in how efficiently the dedicated contract services unit operated, a 9% rise in revenue for each load in the integrated capacity solution unit, and a 14% growth in the number of loads for the truckload services unit. 

Hewlett Packard Enterprise Company plunged 9.6% to $22.63, and the computing device maker and cloud service provider's fiscal 2026 outlook disappointed investors. 

The company estimated annual revenue to rise between 5% and 10% and adjusted earnings per share between $2.20 and $2.40.

The cloud service provider announced its plans to boost its annual dividend by 10% and increase its stock buyback by $3 billion. 

United Airlines Holdings Inc. decreased 1.1% to $102.95, and the international passenger airline reported mixed third-quarter results.

Total operating revenue increased 2.6% to $15.2 billion from $14.8 billion, net income decreased 1.7% to $949 million from $965 million, and diluted earnings per share were unchanged at $2.90. 

In the third quarter, premium cabin revenue rose 6%, basic economy advanced 4%, cargo revenue advanced 3%, and loyalty revenue jumped 9% from a year ago, respectively. 

U.S. Movers: HP Enterprise, J B Hunt, United Airlines

Scott Peters
16 Oct, 2025
New York City

J. B. Hunt Transport Services soared 13% to $156.76, and the trucking and logistics services provider's third-quarter results surpassed market expectations. 

Total operating revenue edged down to $3.05 billion from $3.07 billion, net income increased to $170.8 million from $152.1 million, and diluted earnings per share edged up to $1.76 from $1.49 a year ago. 

The transportation company is experiencing volatile market conditions, as businesses front-load orders ahead of the holiday season and in advance of steep U.S. tariffs. 

Gross revenue declined for the intermodal unit by 1%, for the truckload unit by 4%, for the integrated capacity by 8%, and for dedicated contract services by 1%, respectively. 

These losses were somewhat balanced out by a 3% increase in how efficiently the dedicated contract services unit operated, a 9% rise in revenue for each load in the integrated capacity solution unit, and a 14% growth in the number of loads for the truckload services unit. 

Hewlett Packard Enterprise Company plunged 9.6% to $22.63, and the computing device maker and cloud service provider's fiscal 2026 outlook disappointed investors. 

The company estimated annual revenue to rise between 5% and 10% and adjusted earnings per share between $2.20 and $2.40.

The cloud service provider announced its plans to boost its annual dividend by 10% and increase its stock buyback by $3 billion. 

United Airlines Holdings Inc. decreased 1.1% to $102.95, and the international passenger airline reported mixed third-quarter results.

Total operating revenue increased 2.6% to $15.2 billion from $14.8 billion, net income decreased 1.7% to $949 million from $965 million, and diluted earnings per share were unchanged at $2.90. 

In the third quarter, premium cabin revenue rose 6%, basic economy advanced 4%, cargo revenue advanced 3%, and loyalty revenue jumped 9% from a year ago, respectively. 

U.S. Movers: Ban k of America, Morgan Stanley, ASML Holding

Scott Peters
15 Oct, 2025
New York City

Bank of America Corp. gained 2.5% to $52.52 after reporting its third-quarter revenue and earnings, which exceeded market expectations. 

Revenue rose 11% to $28.1 billion, net income advanced to $8.5 billion from $6.9 billion, and diluted earnings per share increased to $1.06 from 89 cents a year ago. 

Provisions for credit losses edged down to $1.3 billion, compared to $1.5 billion in the quarter a year ago and $1.6 billion in the second quarter. 

Morgan Stanley jumped 3.5% to $160.88, and the investment bank and asset manager reported a rise in revenue and earnings in the third quarter. 

Revenue rose 18% to $18.2 billion from $15.4 billion, net income advanced 45% to $4.6 billion from $3.2 billion, and diluted earnings per share jumped to $2.80 from $1.88 a year ago. 

Net new asset flow in its wealth management unit jumped to $81 billion and generated a pre-tax margin of 30%. 

Total client assets across the wealth and investment management platform increased to $8.9 trillion. 

ASML Holding jumped 4% to $1,025.37, and the Dutch semiconductor equipment maker said the current fiscal year's revenues are likely to surpass those from fiscal 2025.  

U.S. Movers: Ban k of America, Morgan Stanley, ASML Holding

Scott Peters
15 Oct, 2025
New York City

Bank of America Corp. gained 2.5% to $52.52 after reporting its third-quarter revenue and earnings, which exceeded market expectations. 

Revenue rose 11% to $28.1 billion, net income advanced to $8.5 billion from $6.9 billion, and diluted earnings per share increased to $1.06 from 89 cents a year ago. 

Provisions for credit losses edged down to $1.3 billion, compared to $1.5 billion in the quarter a year ago and $1.6 billion in the second quarter. 

Morgan Stanley jumped 3.5% to $160.88, and the investment bank and asset manager reported a rise in revenue and earnings in the third quarter. 

Revenue rose 18% to $18.2 billion from $15.4 billion, net income advanced 45% to $4.6 billion from $3.2 billion, and diluted earnings per share jumped to $2.80 from $1.88 a year ago. 

Net new asset flow in its wealth management unit jumped to $81 billion and generated a pre-tax margin of 30%. 

Total client assets across the wealth and investment management platform increased to $8.9 trillion. 

ASML Holding jumped 4% to $1,025.37, and the Dutch semiconductor equipment maker said the current fiscal year's revenues are likely to surpass those from fiscal 2025.  

Stocks Rebound as Investors React to Earnings, Gold and Silver Test New Record Highs

Barry Adams
16 Oct, 2025
New York City

Stocks turned higher on Thursday as earnings season picked up pace and the federal government shutdown entered its third week. 

The S&P 500 index added 0.4%, and the Nasdaq Composite advanced 0.6%, and they hovered near record highs. 

Positive earnings from leading commercial banks and investment banks bolstered market sentiment as the earnings season gathered momentum.

Tensions between the U.S. and China stayed elevated, and China imposed retaliatory port fees on US-based ships arriving at its ports. 

The U.S. Department of Transportation announced its plans to disallow Chinese airlines from reaching U.S. airports using Russian airspace. 

The move prompted a strong opposition from five leading Chinese airlines, and they demanded that the U.S. delay its restriction for at least 90 days. 

Gold and silver continued to scale new highs as investors seek safe-haven assets amid growing trust deficiency in the U.S. dollar-denominated assets. 

The ongoing federal government shutdown added to the lack of data visibility at a time when investors are looking to understand the tariffs' impact on U.S. consumers, labor market conditions, international trade trends, and domestic retail sales.  

U.S. Stock Movers

J. B. Hunt Transport Services soared 13% to $156.76, and the trucking and logistics services provider's third-quarter results surpassed market expectations. 

Total operating revenue edged down to $3.05 billion from $3.07 billion, net income increased to $170.8 million from $152.1 million, and diluted earnings per share edged up to $1.76 from $1.49 a year ago. 

The transportation company is experiencing volatile market conditions, as businesses front-load orders ahead of the holiday season and in advance of steep U.S. tariffs. 

Gross revenue declined for the intermodal unit by 1%, for the truckload unit by 4%, for the integrated capacity by 8%, and for dedicated contract services by 1%, respectively. 

These losses were somewhat balanced out by a 3% increase in how efficiently the dedicated contract services unit operated, a 9% rise in revenue for each load in the integrated capacity solution unit, and a 14% growth in the number of loads for the truckload services unit. 

Hewlett Packard Enterprise Company plunged 9.6% to $22.63, and the computing device maker and cloud service provider's fiscal 2026 outlook disappointed investors. 

The company estimated annual revenue to rise between 5% and 10% and adjusted earnings per share between $2.20 and $2.40.

The cloud service provider announced its plans to boost its annual dividend by 10% and increase its stock buyback by $3 billion. 

United Airlines Holdings Inc. decreased 1.1% to $102.95, and the international passenger airline reported mixed third-quarter results.

Total operating revenue increased 2.6% to $15.2 billion from $14.8 billion, net income decreased 1.7% to $949 million from $965 million, and diluted earnings per share were unchanged at $2.90. 

In the third quarter, premium cabin revenue rose 6%, basic economy advanced 4%, cargo revenue advanced 3%, and loyalty revenue jumped 9% from a year ago, respectively. 

Stocks Rebound as Investors React to Earnings, Gold and Silver Test New Record Highs

Barry Adams
16 Oct, 2025
New York City

Stocks turned higher on Thursday as earnings season picked up pace and the federal government shutdown entered its third week. 

The S&P 500 index added 0.4%, and the Nasdaq Composite advanced 0.6%, and they hovered near record highs. 

Positive earnings from leading commercial banks and investment banks bolstered market sentiment as the earnings season gathered momentum.

Tensions between the U.S. and China stayed elevated, and China imposed retaliatory port fees on US-based ships arriving at its ports. 

The U.S. Department of Transportation announced its plans to disallow Chinese airlines from reaching U.S. airports using Russian airspace. 

The move prompted a strong opposition from five leading Chinese airlines, and they demanded that the U.S. delay its restriction for at least 90 days. 

Gold and silver continued to scale new highs as investors seek safe-haven assets amid growing trust deficiency in the U.S. dollar-denominated assets. 

The ongoing federal government shutdown added to the lack of data visibility at a time when investors are looking to understand the tariffs' impact on U.S. consumers, labor market conditions, international trade trends, and domestic retail sales.  

U.S. Stock Movers

J. B. Hunt Transport Services soared 13% to $156.76, and the trucking and logistics services provider's third-quarter results surpassed market expectations. 

Total operating revenue edged down to $3.05 billion from $3.07 billion, net income increased to $170.8 million from $152.1 million, and diluted earnings per share edged up to $1.76 from $1.49 a year ago. 

The transportation company is experiencing volatile market conditions, as businesses front-load orders ahead of the holiday season and in advance of steep U.S. tariffs. 

Gross revenue declined for the intermodal unit by 1%, for the truckload unit by 4%, for the integrated capacity by 8%, and for dedicated contract services by 1%, respectively. 

These losses were somewhat balanced out by a 3% increase in how efficiently the dedicated contract services unit operated, a 9% rise in revenue for each load in the integrated capacity solution unit, and a 14% growth in the number of loads for the truckload services unit. 

Hewlett Packard Enterprise Company plunged 9.6% to $22.63, and the computing device maker and cloud service provider's fiscal 2026 outlook disappointed investors. 

The company estimated annual revenue to rise between 5% and 10% and adjusted earnings per share between $2.20 and $2.40.

The cloud service provider announced its plans to boost its annual dividend by 10% and increase its stock buyback by $3 billion. 

United Airlines Holdings Inc. decreased 1.1% to $102.95, and the international passenger airline reported mixed third-quarter results.

Total operating revenue increased 2.6% to $15.2 billion from $14.8 billion, net income decreased 1.7% to $949 million from $965 million, and diluted earnings per share were unchanged at $2.90. 

In the third quarter, premium cabin revenue rose 6%, basic economy advanced 4%, cargo revenue advanced 3%, and loyalty revenue jumped 9% from a year ago, respectively. 

China-Based Air Carriers Oppose U.S. Plans to Disallow Use of Russian Airspace

Li Chen
16 Oct, 2025
Hong Kong

Stocks in China and Hong Kong wavered amid rapidly rising trade tensions between the U.S. and China. 

The Hang Seng Index declined 0.6%, and the mainland-focused CSI 300 index inched higher a fraction as investors reviewed the fast-changing trade backdrop between the U.S. and China. 

The U.S. Department of Transportation announced its plans to disallow Chinese airlines operating flights to the U.S. to pass through Russian airspace, angering China-based airlines. 

The use of the Russian airspace gives a cost advantage to Chinese airlines over the U.S. carriers, which are not permitted to travel over Russia.

Air China, China Eastern Airlines, China Southern Airlines, Hainan Airlines, Sichuan Airlines, and Xiamen Airlines have officially opposed the proposal. 

China Indexes and Stocks 

The Hang Seng Index decreased 0.6% to 25,764.24, and the mainland-focused CSI 300 index edged up 0.1% to 4,610.58. 

The latest data from the People's Bank of China confirmed that rotation from bank deposits into the stock market slowed down in September from the previous month. 

Deposits with non-banking financial institutions, including stock brokers, mutual funds, and trusts, decreased by 1.06 trillion yuan, or about $149 billion, while household savings rose by 3 trillion yuan in the period. 

Beijing Yunji Technology surged 36% to HK $130.30 after the robot maker completed its initial public offering in Hong Kong. 

The company sold 6.9 million shares at a price of HK $95.60 per share and raised net proceeds of HK $593.3 million. 

The domestic tranche of the public offering, accounting for 20% of total shares placed, was oversubscribed by 5,657 times, and the international tranche, accounting for 80% of the offering, was oversubscribed by 18 times.

China-Based Air Carriers Oppose U.S. Plans to Disallow Use of Russian Airspace

Inga Muller
16 Oct, 2025
Hong Kong

Stocks in China and Hong Kong wavered amid rapidly rising trade tensions between the U.S. and China. 

The Hang Seng Index declined 0.6%, and the mainland-focused CSI 300 index inched higher a fraction as investors reviewed the fast-changing trade backdrop between the U.S. and China. 

The U.S. Department of Transportation announced its plans to disallow Chinese airlines operating flights to the U.S. to pass through Russian airspace, angering China-based airlines. 

The use of the Russian airspace gives a cost advantage to Chinese airlines over the U.S. carriers, which are not permitted to travel over Russia.

Air China, China Eastern Airlines, China Southern Airlines, Hainan Airlines, Sichuan Airlines, and Xiamen Airlines have officially opposed the proposal. 

China Indexes and Stocks 

The Hang Seng Index decreased 0.6% to 25,764.24, and the mainland-focused CSI 300 index edged up 0.1% to 4,610.58. 

The latest data from the People's Bank of China confirmed that rotation from bank deposits into the stock market slowed down in September from the previous month. 

Deposits with non-banking financial institutions, including stock brokers, mutual funds, and trusts, decreased by 1.06 trillion yuan, or about $149 billion, while household savings rose by 3 trillion yuan in the period. 

Beijing Yunji Technology surged 36% to HK $130.30 after the robot maker completed its initial public offering in Hong Kong. 

The company sold 6.9 million shares at a price of HK $95.60 per share and raised net proceeds of HK $593.3 million. 

The domestic tranche of the public offering, accounting for 20% of total shares placed, was oversubscribed by 5,657 times, and the international tranche, accounting for 80% of the offering, was oversubscribed by 18 times.

Stock Market Volatility Jumps to 5-Month High as Trump's Trade War and AI Valuation Worries Return

Barry Adams
15 Oct, 2025
New York City

Stocks on Wall Street advanced on Wednesday following the previous day's volatile session amid escalating trade tensions between the U.S. and China. 

The S&P 500 index increased 0.4%, the Nasdaq Composite advanced 0.6%, and gold and silver notched new record highs. 

China imposed port fees on U.S. ships arriving at their destinations in retaliation to the U.S. president's threat to impose additional 100% tariffs on Chinese goods. 

The fears of tit-for-tat tariff escalation led to tumultuous trading on Tuesday, and investors sought safe haven in precious metals and drove up high-tech stocks. 

Investors remained focused on the latest earnings releases, and Bank of America and Morgan Stanley reported better-than-expected quarterly results. 

Goldman Sachs and JPMorgan Chase reported strong quarterly results on Monday. 

PNC Bank, Regions Financial, American Express, and Charles Schwab are scheduled to release their results later in the week. 

U.S. Stock Movers

Bank of America Corp. gained 2.5% to $52.52 after reporting its third-quarter revenue and earnings, which exceeded market expectations. 

Revenue rose 11% to $28.1 billion, net income advanced to $8.5 billion from $6.9 billion, and diluted earnings per share increased to $1.06 from 89 cents a year ago. 

Provisions for credit losses edged down to $1.3 billion, compared to $1.5 billion in the quarter a year ago and $1.6 billion in the second quarter. 

Morgan Stanley jumped 3.5% to $160.88, and the investment bank and asset manager reported a rise in revenue and earnings in the third quarter. 

Revenue rose 18% to $18.2 billion from $15.4 billion, net income advanced 45% to $4.6 billion from $3.2 billion, and diluted earnings per share jumped to $2.80 from $1.88 a year ago. 

Net new asset flow in its wealth management unit jumped to $81 billion and generated a pre-tax margin of 30%. 

Total client assets across the wealth and investment management platform increased to $8.9 trillion. 

ASML Holding jumped 4% to $1,025.37, and the Dutch semiconductor equipment maker said the current fiscal year's revenues are likely to surpass those from fiscal 2025.  

Stock Market Volatility Jumps to 5-Month High as Trump's Trade War and AI Valuation Worries Return

Barry Adams
15 Oct, 2025
New York City

Stocks on Wall Street advanced on Wednesday following the previous day's volatile session amid escalating trade tensions between the U.S. and China. 

The S&P 500 index increased 0.4%, the Nasdaq Composite advanced 0.6%, and gold and silver notched new record highs. 

China imposed port fees on U.S. ships arriving at their destinations in retaliation to the U.S. president's threat to impose additional 100% tariffs on Chinese goods. 

The fears of tit-for-tat tariff escalation led to tumultuous trading on Tuesday, and investors sought safe haven in precious metals and drove up high-tech stocks. 

Investors remained focused on the latest earnings releases, and Bank of America and Morgan Stanley reported better-than-expected quarterly results. 

Goldman Sachs and JPMorgan Chase reported strong quarterly results on Monday. 

PNC Bank, Regions Financial, American Express, and Charles Schwab are scheduled to release their results later in the week. 

U.S. Stock Movers

Bank of America Corp. gained 2.5% to $52.52 after reporting its third-quarter revenue and earnings, which exceeded market expectations. 

Revenue rose 11% to $28.1 billion, net income advanced to $8.5 billion from $6.9 billion, and diluted earnings per share increased to $1.06 from 89 cents a year ago. 

Provisions for credit losses edged down to $1.3 billion, compared to $1.5 billion in the quarter a year ago and $1.6 billion in the second quarter. 

Morgan Stanley jumped 3.5% to $160.88, and the investment bank and asset manager reported a rise in revenue and earnings in the third quarter. 

Revenue rose 18% to $18.2 billion from $15.4 billion, net income advanced 45% to $4.6 billion from $3.2 billion, and diluted earnings per share jumped to $2.80 from $1.88 a year ago. 

Net new asset flow in its wealth management unit jumped to $81 billion and generated a pre-tax margin of 30%. 

Total client assets across the wealth and investment management platform increased to $8.9 trillion. 

ASML Holding jumped 4% to $1,025.37, and the Dutch semiconductor equipment maker said the current fiscal year's revenues are likely to surpass those from fiscal 2025.  

Japan's Indexes Advanced After Powell Comments Raised Hopes for U.S. Rate Cuts

Akira Ito
15 Oct, 2025
Tokyo

Japan's market indexes rebounded for the second consecutive day amid hopes of U.S. rate actions, but political uncertainty limited market gains. 

The Nikkei 225 Stock Average surged 1.8%, and the broader Topix increased 1.5% after comments from the Fed Chair Jerome Powell raised prospects of rate cuts at the next policy meeting. 

Powell confirmed that the economy is slightly stronger than previously estimated, but employment risks are rising. 

"While the unemployment rate remained low through August, payroll gains have slowed sharply, likely in part due to a decline in labor force growth due to lower immigration and labor force participation. 

In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen," said Powell while delivering his comments at the NABE meeting in Philadelphia. 

Moreover, LDP leader Sanae Takaichi is facing higher hurdles in winning her bid for Japan's premiership, as opposition parties are looking for a way to put up a unified front.  

Japan Indexes and Stocks 

The Nikkei 225 Stock Average rose 1.8% to 47,683.10, and the broader Topix gained 1.5% to 3,182.03. 

SoftBank Group advanced 5% to ¥21,945.0, Tokyo Electron gained 2.2% to ¥29,070.0, and Advantest Corp. increased 2.2% to ¥17,365.0. 

Mitsui O.S.K. Lines increased 0.2% to ¥4,378.0, Kawasaki Kisen Kaisha Ltd. added 0.07% to ¥2,067.0, and Nippon Yusen KK fell 0.3% to ¥5,012.0. 

Japan's Indexes Advanced After Powell Comments Raised Hopes for U.S. Rate Cuts

Akira Ito
15 Oct, 2025
Tokyo

Japan's market indexes rebounded for the second consecutive day amid hopes of U.S. rate actions, but political uncertainty limited market gains. 

The Nikkei 225 Stock Average surged 1.8%, and the broader Topix increased 1.5% after comments from the Fed Chair Jerome Powell raised prospects of rate cuts at the next policy meeting. 

Powell confirmed that the economy is slightly stronger than previously estimated, but employment risks are rising. 

"While the unemployment rate remained low through August, payroll gains have slowed sharply, likely in part due to a decline in labor force growth due to lower immigration and labor force participation. 

In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen," said Powell while delivering his comments at the NABE meeting in Philadelphia. 

Moreover, LDP leader Sanae Takaichi is facing higher hurdles in winning her bid for Japan's premiership, as opposition parties are looking for a way to put up a unified front.  

Japan Indexes and Stocks 

The Nikkei 225 Stock Average rose 1.8% to 47,683.10, and the broader Topix gained 1.5% to 3,182.03. 

SoftBank Group advanced 5% to ¥21,945.0, Tokyo Electron gained 2.2% to ¥29,070.0, and Advantest Corp. increased 2.2% to ¥17,365.0. 

Mitsui O.S.K. Lines increased 0.2% to ¥4,378.0, Kawasaki Kisen Kaisha Ltd. added 0.07% to ¥2,067.0, and Nippon Yusen KK fell 0.3% to ¥5,012.0. 

China's Inflation Reports Confirm Entrenched Deflationary Forces

Li Chen
15 Oct, 2025
Hong Kong

Stocks in China and Hong Kong edged higher, and investors awaited the start of earnings season and debated the prospects of additional stimulus.

The Hang Seng Index gained 1.2%, and the mainland-focused CSI 300 index inched up 0.03% after the release of two inflation reports. 

Consumer price inflation slowed to an annual 0.3% in September, and producer price inflation, the National Bureau of Statistics reported Wednesday. 

Prices declined at a slower pace than the annual fall of 0.4% in the previous month, but the deflationary trend is likely to persist for the foreseeable future. 

Core inflation, which excludes volatile food and energy prices, accelerated to 1% from 0.9% in August, the highest in nine months. 

Consumer goods prices fell 0.8%, while services prices advanced 0.8% in September.  

Food price decline deepened to 4.4% from 4.3%, the sharpest fall since January 2024 amid a broad-based fall across all categories. 

China's producer price inflation slowed but extended the deflationary trend to the 36th consecutive month amid overcapacity and weak consumer demand. 

Producer price inflation eased to 2.3% in September from 2.9% in the previous month, as policymakers worked behind the scenes to curb excess capacity in several key manufacturing sectors. 

On a monthly basis, producer prices remained flat from August, driven by a rise in demand ahead of the Golden Week holiday season. 

China Indexes and Stocks

The Hang Seng index increased 1.2% to 25,754.71, and the mainland-focused CSI 300 index edged up 0.03% to 4,537.73. 

Alibaba Group Holding increased 2.9% to HK $160.10, Tencent Holdings edged up 0.6% to HK $625.50, and Meituan gained 0.9% to HK $99.20. 

HSBC Holdings plc added 1.8% to HK $103.70, China Life Insurance jumped 3.2% to HK $22.64, and China Merchants Bank edged up 0.8% to HK $48.56. 

Xuanzhu Biopharmaceutical soared 135% to HK $26.50 after the company priced its initial public offering at HK $11.60 per share and sold 67.3 million shares. 

The biopharma company focused on digestive diseases, oncology, and non-alcoholic steatohepatitis raised net proceeds of HK$701 million. 

China's Inflation Reports Confirm Entrenched Deflationary Forces

Li Chen
15 Oct, 2025
Hong Kong

Stocks in China and Hong Kong edged higher, and investors awaited the start of earnings season and debated the prospects of additional stimulus.

The Hang Seng Index gained 1.2%, and the mainland-focused CSI 300 index inched up 0.03% after the release of two inflation reports. 

Consumer price inflation slowed to an annual 0.3% in September, and producer price inflation, the National Bureau of Statistics reported Wednesday. 

Prices declined at a slower pace than the annual fall of 0.4% in the previous month, but the deflationary trend is likely to persist for the foreseeable future. 

Core inflation, which excludes volatile food and energy prices, accelerated to 1% from 0.9% in August, the highest in nine months. 

Consumer goods prices fell 0.8%, while services prices advanced 0.8% in September.  

Food price decline deepened to 4.4% from 4.3%, the sharpest fall since January 2024 amid a broad-based fall across all categories. 

China's producer price inflation slowed but extended the deflationary trend to the 36th consecutive month amid overcapacity and weak consumer demand. 

Producer price inflation eased to 2.3% in September from 2.9% in the previous month, as policymakers worked behind the scenes to curb excess capacity in several key manufacturing sectors. 

On a monthly basis, producer prices remained flat from August, driven by a rise in demand ahead of the Golden Week holiday season. 

China Indexes and Stocks

The Hang Seng index increased 1.2% to 25,754.71, and the mainland-focused CSI 300 index edged up 0.03% to 4,537.73. 

Alibaba Group Holding increased 2.9% to HK $160.10, Tencent Holdings edged up 0.6% to HK $625.50, and Meituan gained 0.9% to HK $99.20. 

HSBC Holdings plc added 1.8% to HK $103.70, China Life Insurance jumped 3.2% to HK $22.64, and China Merchants Bank edged up 0.8% to HK $48.56. 

Xuanzhu Biopharmaceutical soared 135% to HK $26.50 after the company priced its initial public offering at HK $11.60 per share and sold 67.3 million shares. 

The biopharma company focused on digestive diseases, oncology, and non-alcoholic steatohepatitis raised net proceeds of HK$701 million. 

US-China Trade Tensions Overwhelmed Positive Earnings Releases

Barry Adams
14 Oct, 2025
New York City

Stock market indexes turned lower and erased gains of the previous session as US-China trade tensions escalated. 

The S&P 500 index decreased 1.1%, and the tech-heavy Nasdaq Composite fell 1.4% amid worries that rapidly escalating trade tensions between the two largest economies could spiral out of control. 

Gold edged up 0.2% to 4,135.60, and silver decreased 2.2% to $51.27 as investors continued to shift away into safe haven assets amid falling trust in the U.S. dollar-denominated assets. 

The U.S. crude oil prices dropped to a five-year low of $57.21 per barrel amid worries about shrinking global demand as economies in the U.S., Europe, and Japan struggle to advance and China's growth slows. 

U.S. Stock Movers 

JPMorgan Chase & Company declined 0.8% to $305.60, and the leading financial services provider reported better-than-expected quarterly results, driven by a surge in trading and investment banking revenue. 

Johnson & Johnson edged up 0.7% to $192.13, and the company's third-quarter results surpassed market expectations. 

Revenue in the third quarter rose to $23.99 billion, and adjusted earnings per share were $2.80.  

The drug and medical device maker raised its 2025 revenue outlook to a new range between $93.5 billion and $93.9 billion, about $300 million higher than the previous estimate. 

The company said it plans to spin off its orthopedic division, which makes knee, hip, and shoulder implants, generating $9.2 billion in revenue in 2024, about 10% of total revenue. 

Goldman Sachs Group decreased 1.2% to $777.0, and the investment banking and asset management services provider's third-quarter results surpassed market expectations. 

Revenue increased to $15.2 billion from $14.6 billion, net income advanced to $3.86 billion from $3.47 billion, and diluted earnings per share advanced to $12.25 from $10.91 a year ago.