Woww China Pumps $60 billion Into Money Markets, Industrials Stocks Lead Wall Street Higher

Latest stocks news from Industry sector, Industrials lead Wall Street higher, US equity markets rose after China's central bank said it would take measures to boost infrastructure investment in the world's second-largest economy

Asian economic leader, China pumps $60bn into money markets, People's Bank of China makes record weekly injection of Rmb379bn with the intension of supporting a boost in infrastructure spending

Safe haven currency Japanese Yen weakens as risk appetite improves, Australian dollar, euro and Swiss franc all rise against the US currency as traders' mood improves
Corporate news, Chemring alert takes edge off FTSE gains, London indices rise helped by better Chinese data, but trend for profit alerts deepens with Chemring warning annual profit will miss expectations

Meanwhile, Richemont drives Europe's luxury stocks, Rating on stock upgraded from 'underperform' to 'buy' based on group's exposure to Asia, which contributes roughly 42 per cent of overall revenues

Earning news from Asian, Heavyweights leave Asian indices lower, Earnings help Tokyo's Nikkei index to push higher, but losses for a number of market heavyweights elsewhere drive regional indices lower