U.S. Stocks Open Higher After Global Market Selloff

Posted on AllSides September 21st, 2021
From The Center

U.S. stocks bounced higher Tuesday, chipping away at losses after fears about China’s property sector helped fuel a global selloff in stocks and commodities.

The Dow Jones Industrial Average was up more than 300 points, or 0.9%, in morning trading. The S&P 500 advanced 0.8% and the Nasdaq Composite rose 0.9% following their worst one-day pullback since May.

Markets started the week on a tumultuous note after worries about China Evergrande Group, which has the biggest debt burden of any publicly traded real-estate management or development company in the world, prompted a rush out...

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