American flags fly at the New York Stock Exchange on Wall Street as stocks there and in Europe jump last Friday after China announced an interest rate cut which could spill over into Asian trading on Monday. Photo: AP American flags fly at the New York Stock Exchange on Wall Street as stocks there and in Europe jump last Friday after China announced an interest rate cut which could spill over into Asian trading on Monday. Photo: AP
American flags fly at the New York Stock Exchange on Wall Street as stocks there and in Europe jump last Friday after China announced an interest rate cut which could spill over into Asian trading on Monday. Photo: AP

Wall Street, global stocks soar on surprise China rate cut

S&P 500 hits highest since August 20

Topic |   China Stock Turmoil 2015
American flags fly at the New York Stock Exchange on Wall Street as stocks there and in Europe jump last Friday after China announced an interest rate cut which could spill over into Asian trading on Monday. Photo: AP American flags fly at the New York Stock Exchange on Wall Street as stocks there and in Europe jump last Friday after China announced an interest rate cut which could spill over into Asian trading on Monday. Photo: AP
American flags fly at the New York Stock Exchange on Wall Street as stocks there and in Europe jump last Friday after China announced an interest rate cut which could spill over into Asian trading on Monday. Photo: AP
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