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US Stocks Surge Amid Trump's Rate Call & Chinese Gains
ByFinaGuru
Wednesday, Jun 4, 2025 12:28 pm ET1min read
US stock markets surge on June 4, driven by a combination of factors including a boost in Chinese stocks listed in the US and comments from President Trump. The Nasdaq Golden Dragon China Index rose over 1.7%, with individual stocks like Zai Lab and NIO seeing gains. Trump urged the Federal Reserve to lower interest rates, citing Europe's nine interest rate cuts and a slowdown in US hiring.
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