China Optimism Lifts Emerging-Market Stocks Toward Two-Week High
Foreign-investor optimism about Chinese stocks lifted the emerging-market equity benchmark on Thursday, pushing it toward its highest close since Nov. 17 and putting it on track for a second straight...
By Srinivasan Sivabalan · Bloomberg Markets
Foreign-investor optimism about Chinese stocks lifted the emerging-market equity benchmark on Thursday, pushing it toward its highest close since Nov. 17 and putting it on track for a second straight weekly gain. Currencies were steady as investors awaited next week’s Federal Reserve policy decision.