Stock market today: Asian shares gain as China eases rates to aid property industry

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Asian shares have advanced, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy.

51 minutes agoRead full article: SPEAK OUT: The Jags have lost three games in a row. How are you feeling about the season?$2.5M could help Jacksonville’s homeless population if city council approves the ordinanceVideo shows man shooting at undercover JSO detectives before running off on Jacksonville’s EastsidePay once, use forever—Microsoft Office 2021 is just $34.97A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Tuesday, Sept.

“But it will probably be insufficient to drive a turnaround in growth unless followed up with greater fiscal support,” he said. Tesla led the way with a gain of 4.9% and clawed back all its sharp losses from earlier in the year. It had shed as 42% at one point in April, when it was cutting prices on its cars to boost

Several economic reports coming later in the week could offer more context about where the U.S. economy stands. One on Thursday will offer the final revision for the U.S. economy’s growth in the spring, and another on Friday will give a look at how much U.S. consumers are spending.

 

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