S&P 500, Dow hit new highs as China stimulus lifts mining stocks
The S&P 500 and Dow ended at record highs today, shrugging off weak consumer confidence data, as mining stocks surged following China’s announcement of a sweeping stimulus package.
Stock markets advance on China stimulus
Stock markets and oil prices rallied Tuesday after China's central bank unveiled fresh stimulus measures to kickstart growth in the world's number two economy.
Stock markets surge on China stimulus
Stock markets and oil prices rallied Tuesday after China's central bank unveiled fresh stimulus measures to kickstart growth in the world's number two economy.
S&P 500, Dow Close at New Highs as Mining Stocks Rise on China Stimulus Boost
The Dow Jones Industrial Average rose 83.57 points, or 0.20%, to 42,208.22, the S&P 500 gained 14.36 points, or 0.25%, to 5,732.93 and the Nasdaq Composite gained 100.25 points, or 0.56%, to 18,074.52.
Stocks struggle as China stimulus boost fades
By Tom Wilson LONDON (Reuters) -Stocks globally struggled on Wednesday to maintain momentum fuelled by China's monetary stimulus measures, with crude oil retreating and the dollar under pressure. European stocks eked out slim gains after opening in the red,
China’s yuan continues upward climb after Beijing’s stimulus roll-out
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s central bank.
Walls Street closes at new high as mining stocks rise on China stimulus boost
The S&P 500 and Dow ended at record highs on Tuesday, shrugging off weak consumer confidence data, as mining stocks surged following China's announcement of a sweeping stimulus package. The indexes initially trimmed gains after a report from the Conference Board revealed an unexpected decline in US consumer confidence in September,
Euro firms against dollar, yuan jumps on China's stimulus boost
The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite.
China's Stimulus Package: What You Need to Know
What is the stimulus package? Is it monetary or fiscal? Monetary: These are measures taken by the central bank, the People's Bank of China, rather than tax-and-spending moves by the government. In ...
What China's biggest stimulus since the pandemic means for US investors: Morning Brief
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China's new stimulus plans make a splash in global markets
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US consumer confidence drops; UK interest rates to fall ‘gradually’; stocks hit record high after China’s stimulus blitz – as it happened
Rolling coverage of the latest economic and financial news. US consumer confidence weakens as consumers worry about jobs ...
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Asian markets boosted again after another Chinese rate cut
Most Asian markets built on a global rally Wednesday as China announced another interest rate cut the day after unveiling a ...
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Hong Kong, Shanghai rally on China stimulus on mixed day for markets
Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle ...