Maybe all it takes are shiny new things to lift our mood and take our minds off recession fears.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeshares rising more than 5% after the company was added to Stock Connect. The scheme allows investors in mainland China and Hong Kong to trade and settle shares with each other's market., in U.S. dollar terms, beating Reuters' estimates of a 6.5% rise.
True, post-event, Apple shares just crawled up 0.04%. But, as CNBC's Kelly Evans points out, the Cupertino-headquartered company's stock tends to fall after product announcements. And when the S&P 500's biggest constituent is experiencing favorable winds, other stocks will also benefit from its slipstream.Apart from Apple's announcement, there wasn't any other material news that would have impacted markets.
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