Global Stocks Set for Best Week Since August, Trump Win and China Stimulus Boost Sentiment

LONDON, Nov 8 (Reuters) – Global stock markets are on track for their best week since August, with investor sentiment buoyed by Donald Trump’s decisive U.S. election victory and fresh economic stimulus measures from China.

Markets reacted positively to Trump’s win, while China’s announcement of new fiscal support for its struggling economy further supported global equities. This comes a day after the U.S. Federal Reserve’s expected quarter-point rate cut, which helped lift investor confidence.

As focus shifts back to the impact of the U.S. election and China’s economic measures, stock markets are experiencing a strong rally, with optimism driven by expectations of stability and growth in the world’s largest economies.