Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulus

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The yield on the two-year Treasury, which more closely tracks expectations for the Fed, jumped more on Monday. It rose to 3.99% from 3.92% late Friday. Stocks that are seen as the most expensive can feel the most downward pressure from higher Treasury yields, and the spotlight has been on Big Tech stocks. They drove the majority of the S&P 500’s returns in recent years and soared to heights that critics called overdone.

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Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »