Oil prices fell on Wednesday amid concerns that economic stimulus measures announced by China would not be enough to sustain economic growth, and ris ...
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China's leadership announced new measures to boost employment, state media reported on Wednesday, a day after Beijing unveiled a sweeping stimulus package to bolster its ailing economy.
The S&P 500 reached record highs during Wednesday morning trading in New York, while the tech-heavy Nasdaq 100 climbed past the 20,000-point mark, a level last seen on July 17.
Shares of the e-commerce giants PDD Holdings (NASDAQ: PDD) and JD.com (NASDAQ: JD) had both fallen as much as roughly 3% and 5%, respectively, earlier this morning before paring some of those losses.
JD.Com shares are trading lower by 3.4% Wednesday morning. U.S.-listed Chinese stocks are down after yesterday's stimulus announcement-driven gains.
Oil markets have continued their rollercoaster ride, with oil prices declining during Wednesday’s morning session as traders ...
"Expectations are that this round of stimulus won't be sufficient to buoy the sluggish economy," they said. China is the world's largest crude importer. "Still, there's optimism that China may ...
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