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S&P 500 registers record-high close as data keeps rate cut views intact

  • Asian shares rose following a record high close for the S&P 500, as reported on Friday.
  • The three major U.S. stock indexes increased due to labor market data that supported a potential interest rate cut by the Federal Reserve.
  • Investors anticipate a 95% chance of a 25 basis-point cut, according to CME's FedWatch Tool.
  • Fed Chair Jerome Powell indicated that the upcoming payroll data would not significantly alter expectations for a rate cut.
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27 Articles

Associated Press NewsAssociated Press News
+16 Reposted by 16 other sources
Lean Left

Asian shares climb after another Wall Street record and hopes for cuts to U.S. interest rates

Asian shares are higher after U.S. stocks rose as Wall Street made its final moves ahead of a highly anticipated report on the job market.

·United States
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  • 52% of the sources are Center
52% Center

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Xinhua broke the news in China on Thursday, September 4, 2025.
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