This is Beijing’s ‘Whatever It Takes’ moment.”The meeting’s minutes included calls to increase the scale of monetary policies, halt the decline in the real estate market, and promote stabilization and expand loan issuance to certain property projects.

Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further invigorate the country's sluggish economy.

Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the early days of the COVID pandemic, sparking what some analysts see as a tradable rally.