- Chinese stocks recorded its highest intra-day rise with the CSI 300 Index surging 5.8%.
- All major stock indices were green as investors pinned hopes on fiscal stimulus and an economic recovery.
- Investors shrugged off rising COVID-19 cases. US, the world's largest economy recorded 40,000 new COVID-19 cases overnight on Sunday.
- One analyst said: "The most hated rally in history has proven many times to be resilient and should not be underestimated.
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Chinese shares faced its highest intra-day rise in 1 year on Monday as investors pinned hopes on a swift economic recovery.
The CSI 300 Index of Shanghai and Shenzhen stocks surged as much as 5.7% by the close, while the benchmark Shanghai Composite was also up almost 6%.
See the rest of the story at Business Insider
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- JPMorgan breaks down how COVID-19 nearly destroyed one of the market's safest trades — and lays out 3 lessons to help investors tackle future crises
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