Beijing’s economic stimulus measures extended China’s market rally into a second week, while Japan’s choice of former Defense Minister Shigeru Ishiba as the country’s next prime minister knocked down shares in Tokyo.
- S&P 500 Futures: 5,787.50 ⬇️ down 0.07%
- S&P 500: 5,738.17 ⬇️ down 0.13%
- Nasdaq Composite: 18,119.59 ⬇️ down 0.39%
- Dow Jones Industrial Average: 42,313.00 ⬆️ up 0.33%
- STOXX Europe 600: 524.54 ⬇️ down 0.67%
- Nikkei 225: 37,919.55 ⬇️ down 4.8%
- SSE Composite Index: 3,336.50 ⬆️ up 8.06%
- Bitcoin: $64,294.60 ⬇️ down 2.07%
China: Stimulus shot and mortgage cuts boost markets
After closing out their best week since 2008, China’s stocks continued to soar on the back of stimulus measures announced last week. The Shanghai Stock Exchange index posted a 8.06% gain Monday—its biggest jump since 2008—while Hong Kong’s Hang Seng index rose 2.43%. China’s…
