HONG KONG (AP) — Nine monkeys who died in Hong Kong's oldest zoo in two days this week had been infected with an endemic disease, possibly after some digging work near their cages, officials said on Friday.
Secretary for Culture, Sports and Tourism Kevin Yeung said in a press briefing that the animals in the Hong Kong Zoological and Botanical Gardens contracted melioidosis and the disease later caused them to develop sepsis.
Yeung stressed that such infections typically occur through contact with contaminated soil and water and that there is generally no danger to humans from contact with infected animals or people.
“We're saddened by the passing of the nine monkeys,” he said.
Eight monkeys were found dead on Sunday, and another died Monday after displaying unusual behavior. The deceased animals were a De Brazza’s monkey, a common squirrel monkey, four white-faced sakis and three cotton-top tamarins — a species listed as critically endangered by the International Union for Conservation of Nature.
According to Hong Kong's Center for Health Protection, melioidosis is caused by the bacterium Burkholderia pseudomallei, which is widespread in soils and muddy water.
Yeung said the park conducted digging work to repair some irrigation pipes under the flower bed near the monkey cages in early October and that the deaths might be related to that.
He said the monkeys might have come into contact with the bacteria after the park's staff walked into their cages with possibly contaminated shoes. Another possibility is that some infected monkeys had close contact with other monkeys, he said.
“The incubation period for melioidosis in primates is about a week and this matched with the period after the soil digging work,” he said.
Edwin Tsui, the controller of the center, said the incident only happened in a single zone and its impact on Hong Kong residents would be very low.
Yeung on Monday held an urgent interdepartmental meeting about the deaths with the Leisure and Cultural Services Department, the Agriculture, Fisheries and Conservation Department and the Department of Health.
Another De Brazza’s monkey also displayed unusual behavior and appetite but offiicials said its condition remained stable on Friday.
The Hong Kong Zoological and Botanical Gardens — the oldest park in the former British colony — fully opened to the public in 1871. It is a rare urban oasis in the downtown Central district of the financial hub, which returned to Chinese rule in 1997.
A cordon with the words danger is placed around the enclosures of monkeys after the mysterious deaths of several monkeys at the Hong Kong Zoological and Botanical Gardens in Hong Kong, Tuesday, Oct. 15, 2024. (AP Photo)
A buff-cheeked gibbon swings in its cage at Hong Kong's Zoological and Botanical Gardens in Hong Kong, Tuesday, Oct. 15, 2024. (AP Photo)
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week.
The S&P 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. The loss snapped a seven-day winning streak for the benchmark index.
The Dow Jones Industrial Average fell 0.3%, its first loss after five gains. The Dow and S&P 500 remain near the all-time highs they set on Tuesday.
The Nasdaq composite, which is heavily weighted with technology stocks, fell 0.6%.
Losses for tech heavyweights like Nvidia, Microsoft and Broadcom were the drag on the market. Semiconductor giant Nvidia fell 1.2%. Its huge value gives it outsized influence on market indexes. Microsoft fell 1.2% and Broadcom finished 3.1% lower.
Several personal computer makers also helped pull the market lower following their latest earnings reports.
HP sank 11.4% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slid 12.2% after its latest quarterly revenue fell short of Wall Street forecasts.
Gains for financial and health care companies helped temper the market's losses. Berkshire Hathaway rose 0.9% and Merck & Co. added 1.5%.
All told, the S&P 500 fell 22.89 points to 5,998.74, while the Dow dropped 138.25 points to 44,722.06. The Nasdaq fell 115.10 points to 19,060.48.
Traders also had their eye on new reports on the economy and inflation Wednesday.
The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports.
The update followed a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected.
Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture.
Department store operator Nordstrom fell 8.1% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 18.3% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast.
Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September.
Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time.
The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation.
The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December.
“Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.”
President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates.
Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday.
U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday.
A sign marking the intersection of Wall Street and South Street is shown in New York's Financial District on Tuesday, Nov. 26 2024. (AP Photo/Peter Morgan)
FILE - People pass the New York Stock Exchange on Nov. 5, 2024, in New York. (AP Photo/Peter Morgan, File)
People walk past the New York Stock Exchange on Tuesday, Nov. 26 2024. (AP Photo/Peter Morgan)
A person walks in front of the Tokyo Stock Exchange building at a securities firm Tuesday, Nov. 26, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)