Wall Street rises, China plans disappoint, ASX set to slide

All told, the S&P 500 rose 22.44 points to 5,995.54. The Dow gained 259.65 to 43,988.99, and the Nasdaq composite edged up 17.32 to 19,286.78.

In the bond market, longer-term Treasury yields eased.

A preliminary report in the morning suggested sentiment among US consumers rose for a fourth…