Stock Futures Point to Extended Rally, as Evergrande Payment Looms

The Wall Street Journal2021-09-23

Investors express cautious hope that trouble at indebted property giant China Evergrande can be contained. U.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat ...

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Alkid
2021-09-24
Alkid
Great
LuckyLucky
2021-09-23
LuckyLucky
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- LuckyLucky:
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NeedMoneyPls
2021-09-23
NeedMoneyPls
Last week: R I.P my SPY CallsThis week: R.I.P my SPY PUTS
- FuLong:
  🤪
- 不是那么好割的小韭菜:
  O
weifeng_86
2021-09-23
weifeng_86
Ok
triu
2021-09-23
triu
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CasperLai
2021-09-23
CasperLai
Like and comment
- 4XKEYQ:
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- Alkid:
  Done

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Contracts for the Dow Jones Industrial Average also added 0.5% and futures for the technology-focused Nasdaq-100 ticked up 0.3%.\nMarkets have been consumed this week with questions surrounding Evergrande, China’s largest property developer. Many fear its collapse could spread economic pain through the world’s second largest economy, with spillovers into global financial markets. The heavily indebted company has issued billions of dollars of bonds to international investors, with many trading for a fraction of their face value.\nHowever, fears around its possible collapse appear to have ebbed—at least temporarily. Evergrande has an $83.5 million coupon payment due Thursday on its U.S. dollar bonds and hadn’t given an indication of whether it will miss the payment. 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