Good morning! For Wednesday, Sept. 9, here are your stock market futures, earnings reports, top stock market news, and stocks to watch...
Stock futures forecast a 192-point gain as global stocks markets continue to rally and shed broader concerns about the China stock market crash or the ongoing humanitarian crisis in Europe.
This morning, the Japanese stock market, the Nikkei, surged more than 7.7% on the tailwind of Tuesday's global rally and its government's announcement of a pro-business tax policy. Japanese Prime Minister Abe Shinzo promised to slash the nation's corporate income tax - which is the highest rate of any developed country - by at least 3.3% over the next year.
Meanwhile, European markets were up on stronger economic data and increased optimism over Japan's tax cut and growing expectations that China will take further action to stimulate its economy.
This morning, China's stock market - the Shanghai Composite - added another 2.3%.
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