Carlos Barria/Reuters Asian stocks rose after China’s central bank promised further support, Europe and US futures gained. Federal Reserve Chairman Jerome Powell countered a poor jobs report by forecasting further expansion. Stocks are bouncing back from a rough patch last week, helped by dovish comments from Federal Reserve Chairman Jerome Powell and a Chinese pledge […]
Stocks are getting a lift from China stimulus pledge and Powell comments — ‘We don’t feel any hurry’ on rates
Carlos Barria/Reuters Asian stocks rose after China’s central bank promised further support, Europe and US futures gained. Federal Reserve Chairman Jerome Powell countered a poor jobs report by forecasting further expansion. Stocks are bouncing back from a rough patch last week, helped by dovish comments from Federal Reserve Chairman Jerome Powell and a Chinese pledge […]