Business
August 17, 2020
S&P 500 Boosted by Fiscal Stimulus in China
US markets rallied Monday after the decision from China’s central bank to introduce new stimulus measures. Investors considered the more accommodative monetary policy stance from China’s government, while keeping track of the continued virus risk in the US. Earlier, the People’s Bank of China injected 700 billion yuan ($101 billion) of extra liquidity into the […]
