In the markets, there was a dip in stock prices on Tuesday following the closure of U.S. markets for the Memorial Day holiday. The DAX in Germany gained 0.3%, while the CAC 40 in France edged 0.1% lower, and the FTSE 100 in Britain shed 0.2%. Despite this, future prospects for the S&P 500 remained up by 0.2%, with the Dow Jones Industrial Average also experiencing a slight increase of 0.1%.
In Asian trading, fluctuations were observed in Chinese markets after the ruling Communist Party affirmed its commitment to containing financial risks. The Shanghai Composite index dropped by 0.5%, while Hong Kong’s Hang Seng remained relatively stable. Recent policies aimed to revive the struggling property sector after a crackdown on excessive borrowing, such as easing interest rates and down payment requirements for housing loans.
Efforts to strengthen financial oversight were highlighted during meetings led by President Xi Jinping on Monday, as he focused on preventing and defusing financial risks facing China’s economy. Meanwhile, Japan’s Nikkei 225 fell by 0.1%, while South Korea’s Kospi was nearly unchanged, and Australia’s S&P/ASX 200 shed 0.3%.
On Friday, U.S. markets experienced gains with the S&P 500 rising by 0
