Premarket stocks: Chinese shoppers aren’t buying the recovery just yet

What’s happening: The world’s second-largest economy grew 3.2% in the April-to-June period compared with a year ago, according to government statistics released Thursday. That’s better than the 2.5% growth that Wall Street had expected, my CNN Business colleague Laura He reports. It also means that China averted a recession. In the first quarter, the $14 […]

Global stocks gain on Covid-19 vaccine optimism

Global stocks advanced as encouraging reports from vaccine trials plus hopes of further stimulus for pandemic-hit economies tipped the balance for investors.US stocks extended gains for a second day as the S&P 500 index rose 1.1 per cent at the opening bell on...