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Stocks, China and stimulus
Wall St set for muted open, China stimulus boosts miners
Wall Street's main indexes were set for a subdued open on Tuesday, as investors scoured for clues on what the Federal Reserve's next policy move might be, while commodity stocks got a boost after China unveiled a bumper stimulus package.
S&P 500 Gains and Losses Today: Economic Stimulus Boosts China-Facing Stocks
Key Takeaways The S&P 500 added 0.3% on Tuesday, Sept. 24, as a report showed a slump in consumer confidence and China unveiled an economic stimulus package.Shares of mining giant Freeport-McMoRan soared as copper prices jumped following Beijing's monetary policy announcement.
China unveils fresh stimulus package
China has unveiled a range of policy easing measures in a bid to stimulate the world's number two economy. China's stimulus package includes an injection of about US$140 billion of “long-term liquidity” into the financial market.
13h
Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall
Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China ...
7h
ADB maintains growth forecast for Asia, more stimulus expected in China
The bank highlighted some downside risks to its outlook, including rising protectionism, escalating geopolitical tensions, ...
17m
Oil Futures Give Back Gains
Crude oil futures turn lower with the market unmoved by an industry report of a large drawdown in U.S. crude inventories and rising conflict between Israel and Hezbollah. The boost to oil from China's ...
Reuters on MSN
14h
S&P, Dow notch record closing highs after China stimulus boost
The indexes initially trimmed gains after a report from the Conference Board revealed an unexpected decline in U.S. consumer ...
1d
on MSN
Chinese stimulus pushes Asian markets to highest level in 2.5 years
Asian stocks hit a two-and-a-half-year high on Tuesday, buoyed by Chinese stimulus measures and expectations of further US ...
13h
ADB Maintains Growth Forecast for Developing Asia, Says More Stimulus Expected in China
MANILA (Reuters) - Developing Asia is on track to grow 5% this year, supported by strong consumption and high demand for tech ...
6h
on MSN
European Shares Slip as China-Fuelled Rally Loses Steam
(Reuters) - European shares opened lower on Wednesday as a rally sparked by China's stimulus package lost steam, while falls ...
Opinion
16h
Opinion
China Pushes on a Stimulus String
The world’s second largest economy needs more private enterprise, not more cheap credit.
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