Asian stocks were steady Thursday as traders weighed China’s efforts to cushion its economy as well as Federal Reserve minutes flagging the risk of a faster reduction in monetary stimulus to fight elevated inflation.
MSCI Inc.’s Asia-Pacific share index snapped a three-day drop. Equities came off their lows in Hong Kong and China, where Beijing urged local governments to boost investment to counter a growth slowdown. Meanwhile, the Chinese city of Chengdu sought to ease a cash crunch at property developers. U.S. and European futures rose after modest Wall Street gains overnight.
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November 25, 2021 at 05:40AM
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Stock Market Today: Dow, S&P Live Updates for Nov. 25, 2021 - Bloomberg
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