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Stock impact report

Morning Bid: US PCE eyed as China rebound accelerates [Yahoo! Finance Canada]

Riot Platforms, Inc. (RIOT) 
Last riot platforms, inc. earnings: 8/8 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.riotblockchain.com
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a close, with China's furious monetary easing accelerating the rebound there and Wall Street eyeing the release of the Fed's favored inflation gauge. After a barrage of interest rate cuts, real estate props and stock market supports this week, China's central bank cut its one-week reverse repo rate by another 20 basis points on Friday - trying to get across what it likely sees as an alarming economic slowdown that may see it miss 2024 targets. Reuters reported Chinese cities Shanghai and Shenzhen are planning to lift remaining restrictions on home purchases to attract potential buyers and shore up flagging real estate markets. Whether the widening stimulus proves effective or not, the forcefulness and intent is becoming clear. As is the backdrop. China's industrial profits swung back to a sharp contraction in August, plunging almost 1 Show less Read more
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