London, Oct 21, 2024 (AFP) - Stock markets mostly fall, oil jumps as China cuts rates

NAMPA / AFP

2024-10-21

Major stock markets dropped Monday and oil prices jumped as traders weighed fresh interest-rate cuts from China's central bank aimed at reigniting the world's second-biggest economy. Another record session Friday on Wall Street failed to inspire a similar rally elsewhere, as main equity indices in Europe and Asia began the week lower. Shanghai edged up however. Haven investment gold reached a new all-time high on geopolitical concerns and uncerta......

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