Stocks Mostly Rebound on US Interest Rate Cut Bets
27 Articles
27 Articles
The US stock markets got off to a strong start to the week on Monday. At the close of trading in New York, the Dow was at 44,173 points, up 1.3 percent compared to the previous trading day. A few minutes earlier, the broader S&P 500 was up 1.5 percent at around 6,330 points, while the technology exchange Nasdaq was calculating the Nasdaq 100 at around 23,190 points, up 1.9 percent. Renewed hopes for interest rate cuts are likely to have provided…
11:46 After Friday's sell-off, European stock markets resumed their rally. Investors hope a cooling US jobs market will prompt the Fed to cut interest rates.
After a setback on Friday, the global stock markets are on the move – especially the S&P 500 is growing after weak US labour market data and a further tariff offensive by Donald Trump have shaken the markets. The data has raised new hopes for an early cut in interest rates by the US Federal Reserve. While Asian stock markets are recovering from their recent losses, [...] The post After price slip: Hope for interest rate cut is based on equity ma…
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