U.S. stocks are jumping back toward records amid a worldwide market rally. The Nasdaq composite was 1.2% higher. Micron Technology jumped after the maker of computer memory and storage chips delivered stronger profit for the latest quarter. ( read original story ...)
China’s slowdown highlights economic inequality in Shanghai
China's leaders admitted the country's economy was facing "new situations and problems" on Thursday but people on the streets of financial powerhouse Shanghai suggested that not everyone is being hit ... ( read original story ...)
Stock market today: Markets rally again as China ramps up support for its economy
Hong Kong’s Hang Seng jumped 4.2% to 19,924.58, and the Shanghai Composite index surged 3.6% to ... The next date on the calendar circled for a potentially big market move is next week’s monthly update on the U.S. job market. Investors are concerned ... ( read original story ...)
China’s A-share market rallies strongly on Thursday, with Shanghai market index exceeding 3,000 points
China’s Shanghai Composite Index surged more than 100 points, closing above 3,000 points on Thursday, the first time above the key benchmark since July 2, following a series of pro-growth policy ... ( read original story ...)
China Market Support May Fizzle Out If Key Issues Remain Unsolved
China’s push to bolster its stock markets has stirred optimism, but begs the question of whether investors will take the bait amid lingering doubts about the economy’s underlying weakness. ( read original story ...)
Stock Market Today: Dow, S&P 500 score fresh records as stocks end with modest gains
China’s overnight stimulus measures on Tuesday powered the Shanghai Composite to a rally of nearly 4.2% for its best day since July 2020, but stock-m ... ( read original story ...)
Stock market today: Asian shares extend gains after China-driven rally
NEW YORK (AP) — Asian shares pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading. ( read original story ...)