Breaking down the US and Chinese markets’ recoveries

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The story "Breaking down the US and Chinese markets’ recoveries" was covered 14 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 14h ago

Breaking down the US and Chinese markets’ recoveries - Financial Times

Quick Summary:

It could be that consumer sentiment has been buoyed by the Trump administration’s softening stance on tariffs.

Outside of healthcare, however, only US industries particularly exposed to tariffs and shifting global trends were down: soft oil prices dragged down US energy stocks, and China’s metal restrictions hampered US materials companies.

Real estate, which is not a main sector in the CSI 300 and is certainly not a defensive in China, was up, too, but that was more due to recent good news for the property market than economic optimism.