Indexes Rally To Pare February Losses

Indexes Rally To Pare February Losses

Key Takeaways The S&P 500 jumped 1.6% on Friday, Feb. 28, as investors looked past geopolitical concerns, paring the index’s February losses. Energy provider AES led stocks higher after it issued a strong outlook fueled by optimism about AI data center power needs. Nvidia-partner NetApp fell after the data storage provider missed revenue expectations on…

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Safeguarding China’s regime is the top priority, Xi Jinping tells Politburo

Safeguarding China’s regime is the top priority, Xi Jinping tells Politburo

Addressing the Politburo on Friday, Xi said the party would advance the Peaceful China Initiative to an “even higher level”, despite changing conditions. “To adapt to changes [in circumstances and targets], the Peaceful China Initiative can only be strengthened, and it cannot be weakened,” state news agency Xinhua quoted Xi as saying. “We should safeguard…

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