Germany's DAX gained 0.4% to 15,644.08 and the CAC 40 in Paris was up 0.7% at 7,397.31. London's FTSE 100 edged 0.1% lower to 7,941.38. The future for the S&P 500 gained 0.2% while that for the Dow Jones Industrial Average was up 0.2%.
At the annual session of China's rubberstamp legislature, the government set this year's economic growth target at "around 5% " as it tries to rebuild business activity following the end of anti-virus controls that kept millions of people at home. Tokyo's Nikkei 225 gained 1.1% to 28,237.78 and the Kospi in Seoul added 1.3% to 2,462.62. The S&P/ASX 200 in Australia added 0.6% to 7,328.60. India's Sensex climbed 0.9% to 60,324.58 and shares rose in Taiwan. Thailand's markets were closed for a national holiday.
Last month, stocks fell after reports on the economy came in hotter than expected. They included data on the jobs market, consumer spending and inflation itself at multiple levels.
Does the person writing this know what a ‘stock’ is in relation to global resource? Anyone else find it a hypocritical conflict of interest that out resource use, access, and global mathematical balance of, has been awarded to the world’s oldest gambler’s anonymous fellowship? 🤣