Global Stock Markets Surge as China Offers Fiscal Stimulus

Reported 12 days ago

Global stock markets experienced a significant rally after China's commitment to fiscal stimulus sparked investor optimism. European indices like the Stoxx 600 rose 1.2%, and U.S. futures climbed, driven by a strong performance from Micron Technology. Expectations of interest rate cuts by the Federal Reserve and European Central Bank also supported the upward trend. However, concerns about the underlying fragility of the Chinese economy lingered despite the week's positive measures.

Source: YAHOO

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