Gains in the dollar are limited by strength in the Chinese yuan, which climbed to a 16-month high against the dollar after the government boosted stimulus measures. Also, today’s sharp rally in stocks ...
Global equity markets also have carryover support from today’s +3% surge in Chinese stocks after the government leaders pledged to support fiscal spending and revive economic growth. China's Politburo ...
Shares of beauty products maker Estée Lauder surged 10% on Thursday after China said it would take steps to shore up its ...
European shares soar as China pledges fiscal spending, luxury and mining stocks shine, chip makers advance. STOXX 600 hits ...
Thursday closed up by +0.40%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.62%, and the Nasdaq 100 Index ...
Wall Street stocks powered higher Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and statements from Beijing signaling likely additional stimulus.
China's central bank stimulus package boosted stocks in the luxury and gaming sectors, which are expected to benefit as the country works to support its weakening economy and jumpstart consumer ...
David Tepper, in an interview with CNBC Thursday, said that following China's massive stimulus effort announced Tuesday, it's ...
Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech giants as of June 30, ...
China’s problems run deep, but policymakers are changing their tone. Experts are taking note but are still wary as previous ...
Estée Lauder (EL) outperforms as Chinese stimulus raises hopes for increased discretionary spending. Read more here.
and very strong breadth driven by today’s announcement from the Chinese government’s fiscal policy support. Virtually every ...