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Chinese Stocks Plummet Amid Stimulus Concerns

  Chinese stocks experienced a significant downturn today, with the Shanghai Composite Index plummeting by 6.6%. This sharp decline comes as investors express growing anxiety over the lack of substantial economic stimulus from Beijing. The market’s reaction follows recent rallies driven by hopes for major economic interventions. However, the latest announcements from Chinese officials have failed to meet these expectations, leading to widespread sell-offs. The CSI300 Index, which tracks the top 300 stocks in the Shanghai and Shenzhen markets, also saw a substantial drop of 5.6%. Hong Kong’s Hang Seng Index was not spared, falling by 1.5% as investors moved to lock in profits after recent gains. The lack of new, impactful fiscal policies has left many market participants disappointed, contributing to the overall negative sentiment. Analysts suggest that the market’s response is a clear signal of diminishing confidence in half-hearted promises and a demand for more decisive economic meas
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Your daily horoscope: July 26, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

The influence of Mars on your birthday means that assistance will always be there for you if you need it this year. But it is unlikely to just appear as if by magic. Speak up and let friends and loved ones know what it is you require.

ARIES (March 21 - April 20):

Don’t disrupt your own routine today merely to accommodate someone else’s needs. Why should you be the one who is penalized for being organized and on top of the job? Put your own needs first and don’t feel the tiniest bit guilty about it.

TAURUS (April 21 - May 21):

The planets warn that while you may think you know what is going on around you there is a good chance you have got the wrong end of the stick and arrived at a mistaken conclusion that could cost you dear. Get a second, and expert, opinion.

GEMINI (May 22 - June 21):

The Sun in Leo at this time of year puts you in a sociable mood but you need to be choosy about who your companions are and what you do together. If you allow them to lead you astray you will have only yourself to blame.

CANCER (June 22 - July 23):

Your financial situation may not be as satisfactory as you would like it to be but neither is it in such a dire state that you have to make radical changes. Just be a bit more selective about how you spend your well-earned cash.

LEO (July 24 - Aug. 23):

The Sun in your sign linked to energy planet Mars today will make it possible for you to resolve a problem that has plagued you for many weeks. You should be focusing on more enjoyable things now, so get it done and then get past it.

VIRGO (Aug. 24 - Sept. 23):

You need to be under a certain amount of pressure to make the most of your abilities and that pressure is about to come down on you quicker than you expected. The good news is you have what it takes to deal with whatever life sends your way.


LIBRA (Sept. 24 - Oct. 23):

If it turns out that a friend or loved one has been less than honest about what they’ve been up to of late be smart and refuse to get angry about it. It could be they had a very good reason for keeping you out of the loop.

SCORPIO (Oct. 24 - Nov. 22):

You may be tempted to take a chance of some sort on the work front and it may well pay off but don’t push your luck too far. The planets warn that while you may get away with taking risks today that won’t be the case over the weekend.

SAGITTARIUS (Nov. 23 - Dec. 21):

Try not to jump to conclusions about what a friend or work colleague has been up to. No doubt there are clear signs that they have gone off the rails a bit but by this time tomorrow it’s more than likely they will be back on track.

CAPRICORN (Dec. 22 - Jan. 20):

This is a good time to plough through that backlog of jobs you started but never quite got round to finishing. The sun’s link to Mars will give you the energy you need to see it through to the end – but first you must make a start!

AQUARIUS (Jan. 21 - Feb. 19):

Close your ears to a friend’s sob story today because they are not nearly as hard done by as they claim to be. Not only that but where they are in a bit of trouble it is entirely of their own making and only they can resolve the situation.

PISCES (Feb. 20 - Mar. 20):

Seize the opportunity to make a difference in some way over the next 24 hours. If it is in your power to help a friend or loved one come through a challenging phase in their life there can be no excuse for passing by on the other side.


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