China stock market ended winning streak, Shanghai Composite Index slightly down, global markets optimistic.

From Nasdaq: 2025-01-21 20:00:16

The China stock market ended a three-day winning streak, with the Shanghai Composite Index closing just above 3,240 points. Global markets are optimistic about interest rates, with European and U.S. markets up. The SCI dipped slightly on Tuesday due to losses in resource stocks. The index closed at 3,242.62, while the Shenzhen Composite Index rose to 1,939.70. Wall Street saw gains, with the Dow up 537.98 points, NASDAQ up 126.58 points, and S&P 500 up 52.58 points. U.S. stocks were positive on prospects of Trump administration economic policies and possible interest rate cuts. Oil prices fell due to plans to boost U.S. oil production.



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