Weak Consumer Confidence Hits US Markets, Chinese Stocks Surge on Stimulus

Reported 14 days ago

US stock markets faced a minor setback on Tuesday as consumer confidence data fell short of expectations, causing investor concern. The confidence index registered at 98.7, significantly lower than the anticipated 104.0. In contrast, Chinese stocks rose following the central bank's announcement of a new stimulus package aimed at bolstering the economy, with notable gainers including Alibaba and Nio Inc.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis