U.S.-Traded Chinese Stocks Rise as Stimulus Rally Continues

53 minutes ago

Shares of Chinese companies traded in the U.S. surged again Tuesday, bucking a broader retreat for the U.S. stock market.

Chinese stocks have rallied for the past week following news that authorities were implementing a wide-ranging stimulus plan.

The Nasdaq Golden Dragon China index (HXC)—an index of 64 China-based companies traded in the U.S—was up more than 3% in early-afternoon trading Tuesday.

The iShares MSCI China ETF (MCHI) was up 2.5% and has gained 21% since the first batch of stimulus measures were unveiled early last Tuesday.

Among Chinese stock gaining today, PDD Holdings (PDD), parent of online marketplace Temu, was up nearly 5%, leading S&P 500 gainers. Shares of online retailer JD.com (JD) were also up about 5%, while conglomerate Alibaba Group Holding (BABA) gained 4% and Li Auto (LI) rose 8%.

Five Stocks to Watch in October

2 hr 36 min ago

The major indexes entered the fourth quarter near record highs after the Fed's rate cut fueled a rebound from a shaky start to September.

Looking ahead at specific companies, October brings a major product launch from one of the Magnificent Seven and earnings reports from key companies in the tech, banking, and apparel industries.

Five stocks worth watching for potential market-moving news are Tesla (TSLA), Microsoft (MSFT), Intel (INTC), JPMorgan Chase (JPM) and Nike (NKE).

Read the full article here.

–Colin Laidley

How the Major Indexes Performed in September and Q3

4 hr 27 min ago

The Nasdaq Composite was the big gainer among the three major indexes in September, rising 2.7%. Each of the indexes recovered from steep selloffs recorded during the first week of the month. The S&P and Dow are riding five-month winning streaks, while the Nasdaq has posted gains in two straight months.

For the third quarter, the Dow Jones Industrial Average turned in the best performance, rising 8.2%.

Major Stock Index Futures Mixed

5 hr 16 min ago

Futures tied to the Dow Jones Industrial Average were down 0.2%.

S&P 500 futures were down fractionally.

Nasdaq 100 futures were up 0.1%.

Take the Next Step to Invest Advertiser Disclosure × The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.