Worrying economic data out of China had raised expectations in recent weeks that Beijing would respond with stimulus measures in an effort to stabilize growth.
The State Council obliged late Wednesday, announcing a slate of new measures including railway and urban redevelopment projects, along with a tax break for small businesses.
Market reaction on Thursday was muted. After an initial boost, the Shanghai Composite ended the day in negative territory. Hong Kong's Hang Seng was little changed.
There are MORECharles Riley - Apr 2, 2014 11:16 PM ET
If finance had a hall of fame, Warren Buffett, Carl Icahn, John Paulson, George Soros and Bill Ackman would probably be in it.
These men aren't just rich, they've managed to beat the market consistently.
Plenty of investors dream of being in their league, but decoding the market on your own is tough and buying into many of these famed investors' funds is steep.
While you can purchase a class B share of MOREHeather Long - Apr 2, 2014 10:51 AM ET
This article was published in the April issue of Money magazine.
Investors often cheer when businesses aggressively purchase their own stock, as is the case today. Not only do buybacks boost earnings per share by reducing the number of shares outstanding, but they're also a sign of confidence. If a CEO thinks his stock is worth buying, shouldn't you?
Often the answer is yes. Consider that the PowerShares Buyback Achievers ETF (PKW) has returned MOREPaul R. La Monica - Apr 2, 2014 10:00 AM ET
High-frequency trading is the talk of Wall Street this week, but it turned to high-frequency blows today when Michael Lewis went on CNBC to discuss his controversial new book "Flash Boys".
Lewis appeared with Brad Katsuyama, one of the few heroes in his book, to discuss the issues with rapid trading and whether the stock market is "rigged".
Things got a little heated when the president of BATS Global Markets, a stock MOREApr 1, 2014 3:50 PM ET
By Brian Stelter
Just how big is Disney's "Frozen" franchise?
The movie has grossed more than $1 billion in ticket sales around the world.
It was released in November in the United States, yet it still ranked among the top 20 on last weekend's box office chart.
Its soundtrack has topped Billboard's album chart for seven straight weeks, and is expected to remain there this week.
DVD and Blu-ray sales of the movie totaled 3.2 MORE
The market has not been kind to General Motors.
Its stock is down about 15% in 2014 as the automaker has contended with seven million recalls and questions from victims' families and government officials about why it took 10 years to recall millions of cars with faulty ignition switches.
Still, General Motors (GM) has roared back since the days of its bankruptcy and government bailout. The stock went on a tear last year and is still up roughly 25% over MOREJesse Solomon - Apr 1, 2014 2:17 PM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
It's been almost 10 years since Google famously told the world in its filing for an initial public offering that "don't be evil" was a guiding principle for the company.
But Google is about to issue MOREPaul R. La Monica - Apr 1, 2014 12:38 PM ET
As worries about deflation rear their ugly head in Europe, investors are debating whether the European Central Bank will act to prop up the continent's economy.
The euro has weakened against the dollar lately as some currency traders bet that concerns about low inflation will prompt the ECB to announce more stimulus on Thursday. The ECB already has its key interest rate near zero.
Others weren't so sure.
"The ECB is more likely to talk than act," MOREJesse Solomon - Apr 1, 2014 7:00 AM ET
China's tech companies are in the middle of an ambitious spending spree that will push the industry into new businesses and potentially remake large swaths of the country's economy.
While the flurry of acquisitions and investments can't match the sticker shock of Facebook's (FB) recent $19 billion acquisition of WhatsApp and $2 billion purchase of virtual reality gaming firm Oculus, they suggest incredible ambition, especially in the cases of Alibaba and Tencent.
Alibaba, led MORECharles Riley - Mar 31, 2014 9:59 PM ET
It might be best to keep business and personal separate, at least for two married couples in California.
The Securities and Exchange Commission settled insider trading charges with two men in unrelated cases Monday for acting on confidential information gleaned from overhearing their wives' business calls.
Related: SAC Capital's Martoma found guilty
In one case, the SEC alleges that Tyrone Hawk of Los Gatos, California snooped on work calls made by his wife, a finance manager at Oracle, related to MOREJesse Solomon - Mar 31, 2014 4:30 PM ET
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