💨 Abstract
Global stocks hit record highs and copper prices surged on Tuesday after China announced economic stimulus measures. China's yuan also hit a 16-month high against the U.S. dollar. The S&P 500 initially dropped due to a dip in U.S. consumer confidence, but later recovered slightly. Investors are awaiting the Federal Reserve's next move after it started its latest easing cycle last week.
Courtesy: theprint.in
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