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Global stocks edge higher as investors shrug off US unrest
Global stocks followed Wall Street higher as investors brushed off rising tension between the US and China and the prospect of troops being deployed to quell violent unrest on America’s streets. China’s CSI 300 index of Shanghai- and Shenzhen-listed shares rose 0.3 per cent after the central bank said it had earmarked Rmb400bn ($56bn) to temporarily purchase small business loans from banks, as part of measures to support lenders hit by the coronavirus outbreak. Overnight on Wall Street the S&P 500 closed 0.4 per cent higher, extending a rally that has positioned the stock benchmark less than 10 per cent from its all-time high.
https://finance.yahoo.com/m/0bcb324...1/global-stocks-edge-higher-as.html?.tsrc=rss
Global stocks followed Wall Street higher as investors brushed off rising tension between the US and China and the prospect of troops being deployed to quell violent unrest on America’s streets. China’s CSI 300 index of Shanghai- and Shenzhen-listed shares rose 0.3 per cent after the central bank said it had earmarked Rmb400bn ($56bn) to temporarily purchase small business loans from banks, as part of measures to support lenders hit by the coronavirus outbreak. Overnight on Wall Street the S&P 500 closed 0.4 per cent higher, extending a rally that has positioned the stock benchmark less than 10 per cent from its all-time high.
https://finance.yahoo.com/m/0bcb324...1/global-stocks-edge-higher-as.html?.tsrc=rss
