China's stock market rebounded 5.3% today (Thursday) following a Wall Street rally on Wednesday.
The Shanghai Composite Index soared 156.30 points today to finish the session at 3,083.59. It was the index's biggest one-day gain since June 30. The smaller Shenzhen Index added 59.14, or 3.33%, to close at 1,832.58.
China's stock market rebounded 5.3% today (Thursday) following a Wall Street rally on Wednesday.
The Shanghai Composite Index soared 156.30 points today to finish the session at 3,083.59. It was the index's biggest one-day gain since June 30. The smaller Shenzhen Index added 59.14, or 3.33%, to close at 1,832.58.
Here's why more volatility is expected...
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Slowing economic growth has caused a stock market crash in China this year, as the Shanghai Composite has now fallen more than 43% in just two months.
And the ramifications stretch far beyond just China. According to CIA Asymmetric Threat Advisor Jim Rickards, China's slowing economy will help usher in the next 25-year Great Depression in the United States.
Here are the startling statistics...
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China's stock market crash was the top news around the world today (Monday) as the Shanghai Composite plummeted 8.5%.
The stock market crash in China weighed heavily on global stocks.
The Dow Jones Industrial Average fell more than 1,000 points in early trading Monday before paring losses.
Here's how to protect your money from China's stock market crash now...
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Money Morning Capital Wave Strategist Shah Gilani joined "Making Money with Charles Payne" on FOX Business Monday, offering his views on China's ongoing stock market collapse.
Gilani outlined several lessons that both investors and policy makers can draw from this unfolding event, including his view that this is an economic phenomenon, not just a market event.
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Chinese stocks plummeted again yesterday.
The Shanghai Composite tanked 8.48% to 3725.56, while the Shenzhen Composite fell 7% to 2160.09. And the ChiNext, China's smaller equivalent of the Nasdaq, fell 7.4% to 2683.45.
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Millions of investors around the world are watching China's stock markets with bated breath, given that the Shanghai and Shenzhen bourses have lost more than $3 trillion in market capitalization between them over the past three weeks - a real money amount that's greater than Brazil's annual output or Spain's entire stock market, according to Bloomberg.
Bluntly speaking, they're hoping the "bubble" won't pop.
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