S&P 5007,411.98▲0.1% Nasdaq24,975.82▼0.6% Dow51,947.25▲0.5% Russell 2K2,930.00▼0.3% 10-Yr4.68%−2bp VIX18.58−0.12 WTI$90.47▼1.9% Gold$4,055.70▲0.2% EUR/USD1.137▼0.3% BTC$65,232▲1.4% Nikkei66,423▲0.5%
At close · Fri, Jul 24, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›China›China industrial profit growth slows in June as oil pr…

China industrial profit growth slows in June as oil prices retreat

Reported · Written up by our desk · China

CNBC reports that China’s industrial profit growth slowed again in June, with retreating oil prices weighing on earnings.

The outlet said corporate earnings had shown one of the strongest turnarounds in the economy this year, moving from barely positive growth in 2025 to double digit gains earlier.

CNBC noted that the June slowdown reflects how weaker energy prices can reduce profit lift for industrial firms.

← Newer storyGold rises for second day as oil drop cools inflation and rate fears

More like this

Global MarketsChina faces probe over alleged “paper farming” rice targets
Global MarketsCXMT shares surge 500% in Shanghai IPO after pricing at 8.66 yuan
Global MarketsBlack Lake scales AI sales by hiring food delivery workers
Global MarketsCXMT jumps 472% on Shanghai debut, becoming China’s top-listed firm
Global MarketsChinese scientist probed after death linked to experimental gene therapy

Sources

CNBC MarketsChina industrial profit growth slows again in June as retreating oil prices sap earnings lift
CNBC WorldChina industrial profit growth slows again in June as retreating oil prices sap earnings lift

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.