U.S. stock index futures fell across the board on Friday on concerns about a global economic slowdown after the Federal Reserve cut its growth forecast for the U.S. economy, while PMI data from France and Germany fell short of expectations.
Source: Futu Securities, as of 20:59 Beijing time
Hot news
Germany's Markit manufacturing purchasing managers' index (PMI) fell to 44.7, a six-and-a-half-year low.
The European Union has decided to unconditionally postpone the Brexit deadline to April 12 and to May 22 if Britain approves the Brexit agreement.
All tests on the Shanghai-London Stock Connect have been completed, and the City of London governor said the British side was ready to start.
A Summary of Asian and European Stock Market
Asian stock markets generally rose on Friday.
The Japanese stock market opened high and closed lower today after the end of the holiday, and finally managed to close higher. The Nikkei index closed up 0.1%, and the Nikkei index rose 0.8% this week, the ninth gain in the past 11 weeks.
The hang Seng index is up 0.1%, up 0.35% this week.
A shares bottomed out throughout the day and rebounded, and the Prev successfully turned red at the end of the day, returning to 3100 points. By the close, the Shanghai Composite Index was up 0.09 per cent, while the gem index's decline narrowed to 0.59 per cent.
Important news of Chinese stocks
$NIO Inc. (NIO.US) $In response to rumors about NIO Inc. 's substantial layoffs and employee misconduct, NIO Inc. responded that the so-called "sales fraud" and "substantial layoffs" were pure fabrication.
$Sunlands Technology Group (STG.US) $Sunlands Technology Group Q4's revenue was 568.8 million yuan, up 65% from the same period last year. The net loss of Q4 was 183.7 million yuan, down 57% from the same period last year.
$Tencent (ADR) (TCEHY.US) $/$NetEase, Inc (NTES.US) $On March 22, the former State Administration of Press, publication, Radio, Film and Television officially showed that the tenth batch of game version numbers had been issued, a total of 73, and the approval time was March 20. Among them, Tencent and NetEase, Inc did not get the version number.
Important news from American companies
$Nike Inc (NKE.US) $It was down more than 4% before trading.Revenue in the third quarter of fiscal 2019 was $9.611 billion, up 7% from a year earlier; revenue from the North American business fell short of expectations; and net profit exceeded expectations of $1.1 billion.
$TIF.US (Tiffany)It was down 5% before trading.Tiffany's net sales fell to $1.321 billion, below analysts' expectations, while net profit was $204.5 million, or $1.67 a share, slightly higher than expected.
Source: Futu Securities
$Boeing Co (BA.US) $Indonesia's Eagle Airlines announced on March 22 that it had written to Boeing Co asking to cancel the previously ordered order for 49 737 Max 8 narrow-body airliners.
$Comcast Corp (CMCSA.US) $Comcast Corp launched a $5-a-month streaming platform, Xfinity Flex, for users who only use Xfinity Internet services.
Uber has chosen the New York Stock Exchange for an initial public offering and is expected to file for listing as early as April, Bloomberg said. Previously, Goldman Sachs Group and Morgan Stanley had expected Uber to be valued at $120 billion, which means that the listing of Uber will become one of the largest IPO in the technology industry.
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