Wednesday , 17 December 2025

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Stocks extend rally as mood sinks dollar to 15-month low

BLOOMBERG The risk-on mood in markets stretched into another day as stocks climbed and the dollar weakened to a 15-month low. European shares extended the rally, which saw the Stoxx 600 Index surge 1.5%. Swatch Group AG, the maker of Omega and Longines watches, jumped more than 6% as China’s reopening fueled a rise in profits. Watches of Switzerland Group …

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Chinese tech stocks advance as signs of official support grow

BLOOMBERG China’s tech stocks gained for a fourth day in Hong Kong as growing signs that the government’s long crackdown on the sector is finally over bolstered investor confidence. The latest leg of the rally came after Chinese Premier Li Qiang met with senior executives from country’s leading tech firms and urged local governments to provide more support to the …

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