Listed below are crucial information, developments and evaluation that buyers want to start out their buying and selling day:
1. Dow set to leap after snapping four-day shedding streak
Merchants work on the ground of the New York Inventory Trade (NYSE), September 21, 2021.
Brendan McDermid | Reuters
Dow futures rose more than 200 points Thursday, one day after the 30-stock average and the broader S&P 500 broke four-session losing streaks. The Nasdaq rose for the second straight day. All three stock benchmarks added 1% as investors looked past the troubles at Chinese property giant China Evergrande Group and took comfort in signaling from the Federal Reserve that it had no immediate intentions of removing U.S. monetary stimulus policies. Wednesday’s gains put a dent in Monday’s plunge and the slide in September, which historically has been a rough month on Wall Street. The Dow was off nearly 4% from last month’s record close. The S&P 500 and Nasdaq were off about 3% from their latest record closes earlier this month.
2. China prepares for possible Evergrande demise, says WSJ
Apartment buildings at China Evergrande Group’s Life in Venice real estate and tourism development in Qidong, Jiangsu province, China, on Tuesday,