​Futures Rise As Beijing Panics: Stimulus Avalanche Sends Chinese Stocks Soaring Most Since Covid – Tyler Durden

Futures Rise As Beijing Panics: Stimulus Avalanche Sends Chinese Stocks Soaring Most Since Covid US equity futures are higher, led by tech with small-caps underperforming, as European stocks jump near record high (even as Europe slides deeper into recession) and Asian markets surge after China’s announced a flurry of “stronger than expected” stimulus measures which aided China and Hong Kong equities to more than 4% gains. As of 8:00am, S&P and Nasdaq futures were up 0.1%, fluctuating between gains and losses, as traders were unsure if China’s massive stimulus would prove to be inflationary and thus crush the Fed’s hopes…  — Continue at ZeroHedge News : Read More