From Nasdaq:

The China stock market ended lower on Tuesday after a two-day winning streak. The Shanghai Composite Index closed at 3,055.94, down 0.41%. Global markets are positive on interest rate outlook. Wall Street saw gains with the Dow up 0.61%, NASDAQ up 1.54%, and S&P 500 up 1.12%. The positive trend was due to optimism surrounding inflation and potential Fed rate cuts. Oil prices fell with WTI crude at $77.56 per barrel. The Labor Department will release a report on producer price inflation on Thursday. Financial and resource stocks in China saw mixed results.



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