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Stocks Rise On Signs China Stimulus Taking Hold: Markets Wrap

Stocks Rise On Signs China Stimulus Taking Hold: Markets Wrap
European stocks climbed, bolstered by signs China’s stimulus measures are seeping through into the economy, and wagers that global interest rates are approaching a peak. The Stoxx 600 gauge rose 0.4%, paring some earlier gains. Sectors leading the advance included mining as as rallying metals prices lifted shares including Rio Tinto Plc, Glencore Plc and Anglo American Plc. A gauge of consumer goods stocks, deriving a chunk of its sales from China, also climbed. Energy shares were steady, as oil... Read More
Posted: Sep 4 2023, 13:22
Author Name: vladimirribakov
Views: 092188

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