The rally came as some big cities including Beijing and Shenzhen are taking steps to ease Covid testing requirements and quarantine rules.
- Stocks making the biggest moves midday: Meta, Align Technology, Coinbase, Eli Lilly and more
- Coinbase jumps 20% after federal securities suit dismissed
- Charlie Munger says the U.S. should follow in China’s footsteps and ban cryptocurrencies
- Stocks making the biggest moves premarket: Meta, Align Technology, FedEx, Honeywell and more
- Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared