China gears up for a big week as markets await U.S. elections and stimulus details

Key Points

Investors expect details on China’s fiscal stimulus plans be come out Friday, after Beijing considers the U.S. presidential election earlier in the week.
“The size of China’s fiscal stimulus package would be around 10~20% bigger under a Trump win than under the scenario of a Harris win,” Ting Lu, chief China economist at Nomura, said in a note.
Liqian Ren, leader of quantitative investment at WisdomTree, expects the scale of Beijing’s stimulus will be determined not by who wins the election, but the stock market reaction.

Source

Finance

Meet the 2026 stock market. It’s the same AI-reliant market of 2025

January 2, 2026

Key Points The first trading day of 2026 kicked off Friday, with tech leading the way as it had last year. The Magnificent Seven stocks are all higher, with Nvidia and Alphabet advancing more than 1%, each. Semiconductors are rising as a group, with Broadcom gaining more than 1.5%. “The winners, in our view, are […]

Finance

Stocks making the biggest moves premarket: Baidu, Wayfair, Tesla, Taiwan Semiconductor & more

January 2, 2026

Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to […]

Finance

Will he stay or will he go? Powell is not saying whether he’ll stay on Fed board when chair term ends

January 2, 2026

Key Points Fed Chair Jerome Powell will have two years left on his term as governor when his chairmanship ends in May. Powell has so far repeatedly refused to say whether he will remain with the Fed in a decision that pits the personal against the professional. It’s a key question being asked on Wall […]