Stocks rise on Wall Street, but China's main market dives
https://apnews.com/abd87ebd54adb55be07eb3f6cde88356
NEW YORK (AP) — Technology companies led U.S. stocks higher in early trading Monday as global markets mostly calmed down following a sharp sell-off last week over worries about the spreading virus outbreak in China.
China’s main stock index tumbled in its first day of trading after an extended Lunar New Year holiday break bottled up much of the pressure that had been released in other markets. The Shanghai benchmark index fell 7.7% and China’s central bank announced it was injecting $173 billion into the markets to ensure there would be enough cash.