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US stocks rise on earnings outlook, global shares dip on China data

China overnight reported growth of 0.8% in the second quarter, above the 0.5% forecast, but the annual pace was 6.3%, well below expectations for a reading of 7.3%. The data indicates China#39;s post-COVID boom is over, analysts said.

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​ China overnight reported growth of 0.8% in the second quarter, above the 0.5% forecast, but the annual pace was 6.3%, well below expectations for a reading of 7.3%. The data indicates China#39;s post-COVID boom is over, analysts said. China overnight reported growth of 0.8% in the second quarter, above the 0.5% forecast, but the annual pace was 6.3%, well below expectations for a reading of 7.3%. The data indicates China#39;s post-COVID boom is over, analysts said.  Moneycontrol Latest News Read More  

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