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Podcast: Market Depth
Episode: How Global Markets Are Responding To China's Stimulus
Description: Following up from Friday's episode of Market Depth, Weston Nakamura reviews the global equity markets' initial reactions to China's after-hours headline for new stimulus targeted at the Chinese real estate, property and development sectors on Friday evening in Asia. The market impact was significant across the world, with stocks like Caterpillar pushing the Dow Jones Industrial Average higher by 2% at US close to outperform the S&P500 and Nasdaq indices in immediate reaction, as well as it's Japanese peer Komatsu and other machinery stocks driving the Nikkei 225 index by over 2% to another 33-year high at Asia market open on...