To read further, please register free and login
[s2If !current_user_can(access_s2member_level1)][lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Market Update: Chinese Shares Gain for 3rd Session
The Shanghai Composite added 8.81 points or 0.25% to 3566.22 on Wednesday, rising for the third straight session and tracking US stocks that ended higher for the second day, amid hopes that the Federal Reserve would not pull back its stimulus despite signaling it was ready to deal with inflation. In setting upcoming monetary policy, Fed Chief Powell pledged that the central bank would keep its eyes focused on a broad set of labor market statistics. Traders paid little attention to reports that Beijing condemned Washington as the region’s greatest security “risk creator” after a US warship again sailed through the waterway that separates Taiwan from China. Meantime, the Hang Seng Index added 550.66 points or 1.95% to 28860.42, lifting from 4-week lows. [/s2If]
Join Our Telegram Group