Stocks and Commodities Jump as China Drops Quarantine Rule

[Epoch-Times-Bot]

Stocks and Commodities Jump as China Drops Quarantine Rule

LONDON—Stock markets gained on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travelers—a major step in reopening its borders.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6 percent, outperforming an index of global shares, which rose 0.2 percent. China’s bluechip gained 1 percent.
The pan-European STOXX 600 index rose 0.5 percent, tracking the rally in Asia, a small gain against the nearly 12 percent it has lost this year, as central banks’ aggressive monetary policy tightening has hit European equities hard.
U.S. stock futures, the S&P 500 e-minis, climbed 0.7 percent, indicating the market is set to rise as traders return to their terminals on Tuesday after the Christmas holiday....

Source: Stocks and Commodities Jump as China Drops Quarantine Rule

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