China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 6%

China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 6%

A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024.  Costfoto | Nurphoto | Getty Images SINGAPORE — The rally in Chinese markets lost steam on Tuesday after a briefing from the country’s National Development and Reform Commission provided few details on further stimulus. While mainland China’s CSI 300…

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Stocks are little changed as traders debate how big the Fed’s anticipated rate cut will be: Live updates

Stocks are little changed as traders debate how big the Fed’s anticipated rate cut will be: Live updates

Traders react on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following a Fed rate announcement, in New York City, July 27, 2022. Brendan Mcdermid | Reuters Stocks were little changed Wednesday as Wall Street anticipated the first Federal Reserve…

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