#MarketRebound NOW ONLY: Growing closeness between China and the USA? 🤝🌍
China has stated that it is ready to resolve its differences with the USA through consultations and negotiations — and the market welcomed this positive news!
Market reaction:
S&P 500 (SPY): +9.37% → $548.62
iShares China ETF (FXI): +7.06% → $31.68
Alibaba (BABA): +5.57% → $104.78
Why is this important?
Improved relations between China and the USA mean fewer trade barriers, more stability, and a recovery of the global economy.
Investors are optimistic — and this is good news for both businesses and consumers!
For further updates, stay tuned! 📈