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Wall St. opens higher on hopes of Chinese stimulus

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08 Sep 2015 10:27 #270730 by chairman
Wall St. opens higher on hopes of Chinese stimulus
Reuters—

- U.S. stocks opened sharply higher on Tuesday after weak economic data out of China bolstered hopes of more stimulus measures from the Chinese government. China's imports shrank far more than expected in August, falling for the 10th straight month. However, Chinese stocks rose nearly 3 percent on Tuesday as a surge in late-afternoon buying helped erase early losses
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  • vegito12
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09 Sep 2015 03:56 #270829 by vegito12
China will be able to pick up again as the country has done well when the other countries suffered a financial crisis, and know how to play the game and make good choices. I reckon that we will have to see what happens in the coming days or weeks  and may improve as the stock markets can change good, or bad as it can be hard to survive in the stock world. I think that China has a good chance of improving as it has USA in debt to them, and can use that over them which can happen anytime in this day and age.

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