Hong Kong's Financial Secretary Paul Chan highlights the positive momentum in the city's economy. He speaks after Hong Kong recorded the fastest first-quarter growth in five years, and the IPO market remains hot.
The S&P 500 Index dropped, reversing earlier gains, as a rotation out of technology stocks that propelled the stock market higher for most of the year gained traction.
US stocks touched session lows Tuesday afternoon before paring their losses as a rotation out of the technology stocks that had propelled the market higher for most of the year gained traction.