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China Stocks Get Shot in Arm After Tariff Delay

By Tanner Brown / Feb 25, 2019 03:15 PM / Finance

Who says Mondays are gloomy?

Stocks on the Chinese mainland closed way up today, after news that the U.S. would delay its increased tariffs on Chinese goods.

The Shanghai Composite Index closed up 5.60% at 2961.28, while the Shenzhen Component Index ended the day up 5.59% at 9134.58.

The tech-focused ChiNext closed up 5.50% at 1536.37

Related: China Shifts Gears to Support Stocks After Disastrous 2018

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