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China stimulus lifts world stock index
Luxury stocks have gotten a huge boost from China's stimulus this week
Shares of Hermes, Richemont, and LVMH soared this week on hopes China's new stimulus will lead to more spending.
China stimulus wasn’t enough to convince retail investors to buy Chinese stocks
This week, the Chinese government unveiled a slew of stimulus measures to boost its economy and get national GDP to an annual growth target of 5%.
S&P 500 Gains and Losses Today: Casino Stocks Jump as China Stimulus Lifts Outlook
Key Takeaways The S&P 500 ticked down 0.1% on Friday, Sept. 27, 2024, as investors digested the latest inflation data revealing consumer price pressures eased in August.Dell Technologies posted the steepest loss in the index as the tech sector lost ground.
China, industrial profits
China's industrial profits suffer biggest slump this year, adds to economic woes
China's industrial profits swung back to a sharp contraction in August for their biggest decline this year, official data showed on Friday, adding to a recent spate of bleak business readings that point to mounting pressure on the economy.
China Industrial Profits’ Sharp Drop Bolsters Stimulus Urgency
Profits at China’s industrial firms fell at the sharpest pace since April last year, bolstering the case for urgent measures to lift demand as Beijing rolls out a strong stimulus package.
China’s Industrial Profits Fell in August
China’s industrial profits swung to a decline in August, yet another sign of a broad-based economic slowdown that has already prompted leaders to introduce strong stimulus measures.
15h
China’s Stimulus Blitz: What We Know So Far and What to Expect
China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from ...
15h
on MSN
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
6h
S&P 500: China Stimulus And Strengthening U.S. Labor Market
The China stimulus and the strengthening US labor market likely delay a recession and a recessionary bear market. Read what ...
17h
China launches late stimulus push to meet 2024 growth target
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...
3h
Europe's STOXX 600 at All-Time High as China-Exposed Firms Revel in Stimulus Boost
(Reuters) -Europe's STOXX 600 share index closed at a record high on Friday as companies and sectors exposed to China ...
13h
Xi’s Big Stimulus Week Aims to Draw a Line Under China Slowdown
For months, President Xi Jinping appeared unfazed by slowing growth as stocks sank, prices fell and discontent grew around ...
1d
China's surprise stimulus could be a red flag, so investors should approach the nation's long-awaited rally with caution
Chinese stocks have caught fire after a new round of stimulus, but some say the rally may be short-lived. Here's how to ...
19h
China stimulus, mighty gold puts silver on a streak, but not without risk
Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's ...
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