China's scorching rally takes a breather to wait on stimulus
Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader markets steadied on expectations that the U.S. economy can avoid recession and support global demand.
China stock rally fizzles as stimulus news disappoints
A stock market rally in China has fizzled out as a highly-anticipated announcement on plans to boost the country's ailing economy disappointed investors. Shares had jumped by over 10% as trading restarted after the Golden Week holiday but fell back after a news conference by the country's economic planners.
With China out for a weeklong holiday, traders have turned their attention to futures listed in Singapore and Hong Kong.
Global hedge fund giant Winton suffered a sharp drawdown in its China strategy as Beijing's stimulus package last month triggered a surge in local stock and commodities markets, highlighting risks for ...
S&P 500 futures increased 1.75 points, or 0.03% Dow Jones Industrial Average futures fell 9 points, or 0.02% Nasdaq 100 futures fell 5.5 points, or 0.03% On Monday, the Dow Jones Industrial Average ...
U.S. stock futures pointed to a negative opening on Tuesday as traders take a pause after the previous day’s selloff, prompted by rising bond yields. Meanwhile, China’s stock rally lost some momentum ...
Mainland China stocks opened sharply lower Wednesday and were poised to snap a 10-day winning streak after officials failed ...
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Share Market Today: Foreign institutional investors (FIIs) continued their selling trend, net selling shares worth Rs ...
China has imposed fresh tariffs on brandy imported from the European Union, just days after the bloc voted to place its own tariffs on Chinese electric vehicles. In a statement on Tuesday, China’s ...
Oil snapped a five-day winning streak on Tuesday as the recent rally stemming from the Middle East conflict took a pause, and ...
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Wall Street is pointing higher before the opening bell after Hong Kong’s benchmark plunged more than 9% after Beijing refrained from major spending initiatives as China’s economy slows ...
China is back to work after the fall "Golden Week" holiday, and the sheen is coming off a recent market rally. A briefing ...
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