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Non-Tech : Kirk's Market Thoughts

COHR 183.94

-3.1%

3:59 PM EST

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From: CrashDavis	9/24/2024 10:14:48 AM
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China stimulus news has copper up 3%, continuing the rally from the early August yen carry trade panic low. I'm a futures trader . but I imagine there are a few copper stocks that might be worth a look. Like CCJ? LONDON/SINGAPORE, Sept 24 (Reuters) - World stocks hit a record high on Tuesday after China unveiled stimulus measures to support its economy and stock markets, sending Asian and European shares higher and triggering a bounce in commodity prices. People's Bank of China Governor Pan Gongsheng announced plans to lower borrowing costs and inject more funds into the economy, as well as to ease households' mortgage repayment burden. Pan also said China would roll out structural monetary policy tools for the first time to help stabilise capital markets.

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