Impressive Rally News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shanghai and Hong Kong stocks built on their recent rally Thursday as traders awaited fresh pledges of stimulus from Chinese officials a day after they announced a measure to boost bank lending, though other Asia markets fluctuated.Hong Kong and Shanghai rose for a third straight day on hopes Beijing will put in place more help for the stuttering economy after Wednesday's decision to cut the portion of cash banks must keep in reserve, a move aimed at freeing them up to lend more.

Stocks fell, though bond yields were also lower on Tuesday as investors continue to eye rate cuts on the horizon from the Fed.

"2024 will be a year in which currencies and the rest of the world can breathe after being dominated by the strong dollar trend" ING said.

The crypto market has a positive outlook today, October 23, with a 2.5% increase in its total market cap value of $1.2 trillion. 

The asset-bubble expert and president of Hussman Investment Trust forecasts a frightening collapse in stocks, saying the current rally will "end in tears."