Alibaba and NIO stocks surge after Fed rate cut, investors optimistic about potential China cut

From Google: 2024-09-19 10:37:00

Alibaba and NIO stocks surge after the Fed’s cut. China may also cut rates to boost economy. Market responds positively with NIO up 8% and Alibaba up 4.5%. Investors optimistic about potential boost in Chinese market as well. China’s response to Fed cut eagerly awaited by investors worldwide.



Read more at Google: Alibaba, NIO Stocks Jump. China Rate Cut May Follow Fed Cut. – Barron’s