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samlaunch

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samlaunch

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Monday, 10/22/2018 4:08:42 PM

Monday, October 22, 2018 4:08:42 PM

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Rally By Chinese Stocks May Lead To Strength On Wall Street
Monday, 22 October 2018 10:20:17

The upward momentum on Wall Street comes on the heels of a rally by Chinese stocks, which extended the substantial rebound seen last Friday.

Chinese stocks surged higher amid optimism about additional stimulus to stimulate the world's second largest economy.

After three top Chinese financial regulators stepped in to bolster investor confidence last Friday, Chinese President Xi Jinping vowed 'unwavering' support for the country's private sector.
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