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All eyes on China’s unstoppable stocks after $460 billion rally

Bloomberg China’s equity market is firmly in the spotlight after an almost unprecedented rally that helped lift global stocks to a one-month high. The speed of the past week’s gains in China is in many ways unseen since the stock bubble that burst five years ago. Monday’s surge alone added more than $460 billion to Chinese stock values, behind just ...

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European stocks drop from one-month high

Bloomberg European stocks retreated from a one-month high reached on Monday after Germany reported weaker-than-expected industrial data. The Stoxx Europe 600 Index dropped 1.1% as of 10:18 am in London, with all 19 industry groups lower. Technology and real estate shares led losses, while autos outperformed. Germany’s DAX Index dropped 1.4% after May factory orders missed forecasts. Adding to the ...

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Indian stocks swing as investors weigh growth

Bloomberg India stocks swung between gains and losses in volatile trade as investors mulled the outlook for economic growth against corporate risks as coronavirus continues to spread. The S&P BSE Sensex was little changed at 36,475.06 as of 12:47 pm in Mumbai, after rising as much as 0.4% and falling as much as 0.7%. The gauge closed at its highest ...

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