Updating world stock market indices
SAN FRANCISCO Government spending in a recession can boost a country's economy without permanently bloating its public debt, even if the debt is already quite large, researchers told an influential group of central bankers in Jackson, Wyoming, on Saturday. Britain's main opposition Labour Party is announcing a policy shift which opens the possibility of the country remaining in the European Union's single market and customs union for several years as part of a "soft" brexit, a spokesman said on Saturday.
Coast Guard is monitoring two cruise ships that have been unable to dock due to tropical storm Harvey and is preparing alternative arrangements, one of its commanders said on Saturday in a press conference.
| SHANGHAI, Aug 25 Hong Kong stocks rose for the fourth consecutive session on Friday, finishing the week with a strong gain as forecast-beating results from major Chinese firms boosted investor confidence.
It's been 424 days since the last 5% decline, and there have been only two 10% corrections in the past six years.
Moreover, so far in 2017, there have only been seven days when the market has moved by more than 1%, compared with an average of 73 days per year over the past 20 years.
That means the ETF duplicates the Index's stock holdings.
That allows investors to profit from gains in the Index.