The China stock market has risen for four consecutive sessions, gaining almost 2 percent. The Shanghai Composite Index closed just above 4,130 points, but may face resistance on Friday. Global markets are cautious due to AI concerns and ahead of U.S. inflation data. The SCI ended slightly higher on Thursday, with energy stocks up and financials down. The index closed at 4,134.02, with the Shenzhen Composite Index also rising. Wall Street closed lower on Thursday, with concerns about AI impact on various industries. Unemployment claims dipped slightly, while existing home sales fell in January. Crude oil prices dropped due to oversupply concerns.
Read more at Nasdaq.: Win Streak May End For China Stock Market
