💨 Abstract

World stocks hit a record high on Tuesday, boosted by China's economic stimulus measures. The Chinese central bank announced plans to lower borrowing costs, inject funds into the economy, and ease mortgage repayment burdens. Chinese stocks surged, with the CSI300 index and Shanghai Composite index rising over 4%. European and Asian shares also gained, along with commodity prices.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖