The China stock market continues to rise, gaining almost 70 points in two sessions, with the Shanghai Composite Index now above 3,875 points. Positive global forecasts for interest rates are expected to support the market on Friday. The SCI closed higher on Thursday, driven by financial and resource stocks. The index rose 1.65 percent to 3,875.31, with the Shenzhen Composite Index up 2.54 percent. On Wall Street, major averages surged as investors reacted positively to reports on consumer price inflation and jobless claims, increasing the likelihood of a rate cut. Crude oil prices fell due to increased supply estimates.

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