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Alibaba, Nio, JD.Com And Other US-Listed China Stocks Tumble As Investors Await Clarity On Fiscal Stimulus Plan
Tuesday, October 15, 2024 - 8:11am | 530China’s stock market faced a significant decline on Tuesday, even as broader Asia-Pacific markets experienced gains. This downturn occurred in the wake of record highs on Wall Street, where the Dow Jones Industrial Average and the S&P 500 reached new peaks. What Happened: Several Chinese...
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As China's Stimulus Hype Wanes, Beijing Reportedly Weighs $850B Special Treasury Bonds To Stimulate Economy And Tackle Local Debt
Tuesday, October 15, 2024 - 3:47am | 666China is reportedly considering issuing 6 trillion yuan, approximately $850 billion, in ultra-long special treasury bonds over the next three years. This potential move aims to bolster the nation’s slowing economy through fiscal stimulus. What Happened: Sources indicate that the funds from...
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Chinese ETFs Fizzle During Pre-Market Despite US Investors Pouring $5.2B Last Week: Here's What Happened
Tuesday, October 8, 2024 - 8:27am | 583The much-anticipated announcement of plans to stimulate China’s flagging economy failed to meet investor expectations, causing a short-lived stock market rally. What Happened: After the Golden Week holiday, shares surged by over 10% as trading resumed. However, the excitement was fleeting....
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Benzinga Market Primer: Thursday, August 15: Futures Lower After Cisco Earnings, Weaker Dollar
Thursday, August 15, 2013 - 6:37am | 1190Futures Lower After Cisco Earnings, Weaker Dollar U.S. equity futures traded slightly lower in early pre-market trade following some weak guidance from Cisco (NASDAQ: CSCO) for the upcoming quarter and as the dollar traded lower. Also, some weak earnings in Europe weighed on sentiment. Top News...
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Benzinga Market Primer: Monday, August 12: Futures Lower After Weak Japan Data
Monday, August 12, 2013 - 6:27am | 998Futures Lower After Weak Japan Data U.S. equity futures traded lower in early pre-market trade following a much weaker than expected GDP report out of Japan. With little data out today in the U.S. and thin trading volumes due to the time of the year, volatile trading could be on tap. Top News In...
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Benzinga Market Primer, Thursday October 11
Thursday, October 11, 2012 - 5:57am | 861U.S. equity futures rose in early Thursday trading as comments from the World Bank's President, Dr. Jim Young Kim, indicated that he believes that China will be very aggressive in trying to restore growth once the political transition has taken place within the first half of 2013. The comments from...