The China stock market has seen four straight days of gains, with the Shanghai Composite Index closing just above 3,580 points. Global markets are stagnant, with European and U.S. markets mixed. The SCI rose 0.62% on Tuesday, driven by property, resource, and energy stocks. Industrial and Commercial Bank of China fell 1.30%, while Yankuang Energy surged 6.27%. Wall Street was also mixed, with the Dow up 0.40% and the NASDAQ down 0.39%. General Motors and Lockheed Martin reported weaker than expected earnings, while crude oil prices fell to $66.21 per barrel due to trade uncertainty.
Read more at Nasdaq.: Profit Taking Expected For China Stock Market
