US stocks rose in early trading as China’s latest measure to bolster its economy injected a note of optimism at the end of another volatile week for global markets.Both the S&P 500 and Nasdaq 100 rose, shrugging off modest losses on Wall Street on Thursday. Traders in the US will be bracing for more volatility later Friday due to the monthly expiration of options tied to equities and exchange-traded funds, which often stir market swings.In a week marked by buy-the-dip, sell-the-rally price action, sentiment got a boost on Friday after Chinese lenders lowered the five-year loan prime rate by a record amount in an effort to boost mortgages and loans amid a property slump and Covid lockdowns. Despite Friday’s gains, the S&P 500 is still headed for its seventh weekly decline that would mark the longest losing streak in more than two decades.
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