US stocks expected to open higher Tuesday
BEIJING (AP) - Global markets are rebounding this morning, after China's central bank cut its key interest rate.
It's a move aimed at supporting growth in the world's second-biggest economy. And it came after a 7.6 percent drop in the Shanghai stock index today.
The index plummeted 8.5 percent the day before. But European markets have recovered almost all of their Monday losses, with most rising at least 4 percent today. And U.S. stocks are expected to open higher.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
North Baton Rouge businesses pitch to investors for chance at check
Concerned over construction project handling
Vice President Pence pays surprise visit to Denham Springs couple
BRPD dealing with fewer applicants, increase in open positions
Vice President Mike Pence speaks to Port Allen crowd