Stocks Rise as China Unveils New Stimulus Measures

Reported 13 days ago

In today's Morning Brief, hosts Seana Smith and Brad Smith discuss the positive market opening, with the Dow Jones reaching a new high, alongside the S&P 500 and Nasdaq higher due to ongoing investor optimism following the Federal Reserve's recent rate cuts. Notably, the People's Bank of China has announced a major stimulus package to boost its economy, prompting a rally in Chinese stocks. Analysts weigh in on the implications for the U.S. economy and specific companies like Tesla, which is expected to exceed delivery forecasts.

Source: YAHOO

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