Stock market today: Stocks rise as China announces stimulus package

Date:

Global markets rose in early trading today as China announced a stimulus program.

  • S&P 500 Futures: 5,702.50 ⬆️ up 1.09%
  • S&P 500: 5,718.57 ⬆️ up 0.28%
  • Nasdaq Composite: 17,974.27 ⬆️ up 0.14%
  • Dow Jones Industrial Average: 42,124.65 ⬆️ 0.15% 
  • STOXX Europe 600: 520.51 ⬆️ up 0.81%
  • Nikkei 225: 37,940.59 ⬆️ up 0.57%
  • SSE Composite Index 2,863.13 ⬆️ up 4.15%
  • Bitcoin: $63,365.30 ⬇️ down 0.01%

China: stimulus program

Chinese stocks rose sharply in trading today as the Central Bank of the Republic of China unveiled a wide-ranging package of stimulus initiatives meant to revive the world’s second-largest economy, especially its property market.

Europe: eyes on China

European stocks rose on Tuesday as investors interpreted China’s stimulus moves as positive for the region, especially for Germany’s lagging economy.

Japan: more China spillover

The Nikkei 225 followed…

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