HK, US stocks top stories
Hundreds of companies are suing to demand the refund of payments made for "overreaching" tariffs imposed by the U.S. governmentThe total box office for the year 2026 exceeded 7 billionThe Hong Kong stock ADR is expected to open 525 points higher on Monday, reporting at 26,939 pointsElon Musk stated that Starship will launch more than 10,000 satellites each yearU.S. GDP and PCE data combined with the Supreme Court ruling on Trump's tariffs, U.S. Treasury yields "bottomed out and rebounded" on FridaySt. Louis Fed President: If tariffs are implemented in an alternative manner, maintain the outlook for the U.S. economyThe "Trump Tariff Losers Index" rose over 1.3%Microsoft appoints AI executive to oversee Xbox businessThe regional bank ETF rose by about 1.3%, leading the U.S. stock industry ETFs, the S&P telecommunications sector increased by over 2.6%, and Alphabet - A rose by 4%