Stocks, futures rally on stimulus
China Daily | Updated: 2009-03-05 07:55
European stocks advanced yesterday pushing the MSCI World Index higher for the first time in six days, and US futures rose on speculation China will broaden efforts to boost growth in the world's third-largest economy.
BHP Billiton Ltd and Rio Tinto Group added more than 6 percent as copper rallied on optimism metals consumption in China will increase.
Standard Chartered Plc, the UK's second-largest bank by market value, gained 9.1 percent as UBS AG recommended the shares on "robust" earnings.
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