Stocks Slip as China Buoyed by Stimulus Rally
The People's Bank of China followed its announcement of wide-ranging policy easing on Tuesday with a cut to medium-term lending rates to banks on Wednesday. Beijing's broad-based stimulus - the biggest since the pandemic - also includes steps to boost China's stock market and support for the ailing property sector.
The S&P 500 ticked down 0.1% on Friday, Sept. 27, 2024, as investors digested the latest inflation data revealing consumer ...
EUROPEAN equities hit a record high on Friday (Sep 27), boosted by China’s slew of stimulus measures and growing conviction ... referring to buying cyclical stocks and stocks exposed to the ...
Hong Kong’s equity market hit a one-year high and led a surge in global stocks as the China-stimulus-induced risk-asset rally ...
European stocks snapped a two-day gaining streak as investors weighed the sustainability of China’s rally on its stimulus ...
UK stocks rose on Thursday, boosted by mining stocks after China's latest pledge for more policy measures fuelled optimism ...
"Obviously this is incredibly good for very undervalued Chinese equities, especially when the government is encouraging ...
Chinese tech stocks including majors like Alibaba and Tencent rallied this week, pushing them to highs not seen in more than ...
U.S. stocks are rising Thursday as financial markets around the world rally again. The S&P 500 was up 0.4% in afternoon ...
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