Commodity prices have climbed this week, with oil, silver, and copper among the more recent standouts, buoyed by China’s stimulus measures, but traders should be wary about the outlook for the sector until they see evidence that the global economy will avoid a hard landing.

Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduced new measures to boost its sluggish economy.

PDD remains an undervalued business that is still expected to grow at a decent rate in the next few years. Read more about PDD stock here.