BUSINESS● LOWJul 27 · Jul 27, 2026, 10:00 PM
A tale of two markets: Wall Street cheers record highs while Beijing deflates bubbles
South China Morning Post
When the S&P 500, Nasdaq and Dow Jones Industrial Average hit record highs in early July, US President Donald Trump hailed it as evidence of America’s economic revival. “This is WINNING. The Golden Age of America is beginning – and we are just getting started,” he wrote in a social media post on July 4, the 250th anniversary of the signing of the US Declaration of Independence. Though it was only the latest in a long series of boasts about the stock market that have punctuated Trump’s...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS19m ago'Cannot play hide and seek': Singapore minister's warning over haze sends agricultural stocks lowerCNBCBUSINESS19m agoActivist investor Starboard builds stake in Solstice, urges focus on core business, FT reportsSeeking Alpha Tech