China stock market drops over 1% for two days, but global market forecasts could stabilize.
From NASDAQ.: 2025-05-18 21:00:00
The China stock market has dropped over 1 percent in two consecutive sessions, with the Shanghai Composite Index hovering around 3,365 points. Positive global market forecasts based on trade outlooks may help stabilize the market on Monday. On Friday, the SCI closed lower due to losses in financial and resource sectors, while property stocks showed mixed performance. Major U.S. indices ended the week higher, with the NASDAQ surging 7.2 percent. Oil prices rose on U.S. trade policy optimism. China will release April data on industrial production, retail sales, and more today.
Read more at NASDAQ.: China Stock Market May Snap Losing Streak
