Boeing monthly aircraft orders outpace cancellations for first time since 2019 (SPY +1.8%). Tech comeback rally gains steam as Tesla up 10%.
Here is the current market situation from CNN Money
North and South American markets are sharply higher today with shares in U.S. leading the region. The S&P 500 is up 1.87% while Mexico's IPC is up 1.58% and Brazil's Bovespa is up 1.01%.
What Is Moving the Markets
Here are the headlines moving the markets.
China Carbon Market Set For Explosive Growth
Chinas carbon emissions market is set to expand 30 times over the next ten years, reaching $25 billion by 2030, Bloomberg reports, citing an analysis by Citi. The Chinese national ETS [emissions trading system] as currently rolled out should play a limited role in reducing emissions at first, Citi analyst Tracy Liao said, as quoted by Bloomberg. We expect a series of developments to transform Chinas ETS into the worlds largest effective carbon trading scheme and a key building block of the countrys