Stocks Rebound, Thank You China


Not that we really believe this whole China thing, but we’re happy to have a day that breaks the downward monotony. The major indices were all up about 2.5%, following several days of horrible drubbing.  In the end, GE only fell by about 5%, ending well above $6. It could’ve been a lot worse.

In honour of China, the image is of a Chinese satellite launch.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.