* Nike (NKE) slips after cutting full-year sales estimate. * Crypto firms fall as China's crackdown deepens. * Indexes down: Dow 0.08%, S&P 0.06%, Nasdaq 0.40% By Devik Jain. Sept 24 - U.S. stock indexes fell on Friday following a two-day rally, weighed down by technology and healthcare shares, while a dour sales forecast from Nike (NKE) further dampened sentiment.
Sri Lankan shares ended higher on. * The CSE All-Share index closed 1.24% higher at 8,940.11 points. * Conglomerate Expolanka Holdings Plc and Commercial Leasing and Finance were the top percentage gainers on the index, rising 3.3% and 7.8%, respectively.
The Indian state of Karnataka, home to India's Silicon Valley, has proposed a ban on online games involving betting and wagering, sparking concerns that growing state regulations could hit the nascent but booming sector.
As fears of contagion from any default by China Evergrande Group (EGRNF) mounted this month, some Chinese banks, insurers, and shadow banks stopped offering new credit to property developers, and ran urgent checks on their exposure to the troubled sector.
Britain's retail industry warned the government on Friday that unless it moves to alleviate an acute shortage of truckers in the next 10 days then significant disruption was inevitable in the run-up to Christmas.
Japanese shares soared on Friday led by cyclical stocks on economic recovery hopes, as investors were optimistic that any fallout from China Evergrande's (EGRNF) debt woes would not spillover to other markets.
* Retail industry warns of significant disruption. * Queues form at some petrol stations - Reuters reporters. * Britain to boost HGV driver testing. * British ministers to meet on easing rules. * Hauliers: there is no quick fix. By James Davey, Victor Jack and Kylie MacLellan.
Japan's factory output likely fell again in August as the country's manufacturing sector faced supply chain disruptions driven by a global chip shortage and the spread of the Delta coronavirus variant in Southeast Asia.
Japanese shares rose on Friday as investors scooped up cyclical stocks on hopes fallout from China
Evergrande's (EGRNF) debt woes and the prospects of tapering by the U.S. Federal Reserve will not derail global economic growth momentum.
Japan's factory activity grew at the slowest pace in eight months in September as output and orders contracted, while that of the services sector remained in its downturn, underscoring the protracted impact of the coronavirus pandemic.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
