After the short squeeze that caused substantial losses for Wall Streetโs big players in January, short-sellers lose millions once again as Gamestop shares rise and double their value. Hope for an economic recovery has lifted micro-cap stocks, and small US companies are experiencing a significant high in their stock price.
Visit www.financialnewsjournal.com to read more updates about the financial world.
Chinaโs central bank decided to inject $31 billion (200 billion yuan) into the financial market to maintain liquidity in the banking system. This move allows commercial and policy banks to borrow from the central bank using securities as collateral.
Watch the video below and learn more about this decision that could boost Chinaโs economy!
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