Stocks to play China’s shopping festival — even if consumers spend less
China reviews plan to increase local government debt
Key Points A closely watched meeting of China’s parliament on Monday reviewed a proposal to raise the local government debt limit, according to state media. New debt would go toward replacing hidden debt, the report said, noting that Finance Minister Lan Fo’an spoke at the meeting on the plan. The standing committee of China’s National […]
Read MoreStocks making the biggest moves after hours: Palantir, Wynn Resorts, NXP Semiconductors and more
Check out the companies making headlines after the bell : Palantir Technologies — Shares popped 13%. The software company surpassed Wall Street’s third-quarter estimates, posting adjusted earnings of 10 cents per share on $726 million in revenue. That beat the 9 cents per share and $701 million in revenue expected by analysts polled by LSEG. […]
Read MoreWhat the stock market typically does after the U.S. election, according to history
Traders work on the floor at the New York Stock Exchange on Oct. 24, 2024. Brendan McDermid | Reuters Stocks typically rise after a presidential election — but investors need to be prepared for some short-term choppiness first, history shows. The three major benchmarks on average have seen gains between Election Day and year-end in […]
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