China's Rate Cut and Earnings Reports Shake Up Stock Market
TL;DR Summary
US stock futures edged lower as Chinese banks trimmed benchmark interest rates on loans to households and businesses, in a well-telegraphed move as Beijing attempts to revive its flagging economic rebound. U.S. markets were closed Monday for the Juneteenth holiday. U.S. housing starts data and earnings after the market close from FedEx are expected.
- Stock Market Today: Dow Futures Fall as China Cuts Borrowing Rates The Wall Street Journal
- Alibaba, Dice, Boeing, Philip Morris, FedEx, and More Stock Market Movers Barron's
- Stocks Lower On China Rate Cut, Week Ahead Housing Focus, Alibaba CEO Shake-Up, Intel Ramp, FedEx Earnings - 5 Things To Know TheStreet
- Morning Bid: US housing rebound, China prime cuts Reuters.com
- Stocks to Watch Tuesday: Alibaba, Stellantis, FedEx The Wall Street Journal
- View Full Coverage on Google News
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