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Stock market today: US futures tick higher as Fedspeak, China stimulus lift spirits

  • Tue, September 24, 2024 at 2:09 PM GMT+1

    China's CSI 300 Index has best day in more than four years

    Chinese stocks and bonds rallied Tuesday as China's central bank unveiled its biggest stimulus package since the pandemic.

    Govenor Pan Gongsheng announced plans to lower borrowing costs and inject further stimulus into the economy. In addition, the government will ease households' mortgage repayments.

    China's benchmark index, the CSI 300 (000300.SS), rose more than 4.3% for its best day since July 2020.

  • Source: finance.yahoo.com

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