Stocks gained along with U.S. and European futures Thursday as traders weighed the debt woes of China Evergrande Group and the prospect of a reduction in Federal Reserve stimulus as early as November.
Equities in China and Hong Kong rose modestly, while European and U.S. contracts climbed after the S&P 500 pushed higher for the first time in five sessions. Evergrande’s stock rallied before paring the advance, signaling concerns remain about the crisis-hit developer’s more than $300 billion of liabilities. A liquidity injection by China’s central bank aided sentiment.
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September 23, 2021 at 05:07AM
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Stock Market Today: Dow, S&P Live Updates for Sep. 23, 2021 - Bloomberg
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