All major benchmarks around the world are in the green. Momentum domestically has been undeniable as the S&P 500 closed yesterday at the highest level since Jan. 29 and is nearly 1% from a record this morning. However, it is China that is joining the party with the Shanghai Composite up 2.74%. The yuan is attempting to stabilize, and this aided China’s major index in posting its best gain in two years, cutting its YTD loss to 15.96%.
From:: Resource Investor