ratecut
By Sneha Kumar (Reuters) -Emerging Asian stock markets rallied on Tuesday, with Bangkok and Manila trading higher on expectations of rate cuts in the near future, while Singapore stocks hit a 17-year high. Thailand stocks gained as much as 1.3% to hit their highest since Nov. 8, after third-quarter economic…
(Reuters) – Futures for the and the Nasdaq rose modestly on Thursday, boosted by the U.S. Federal Reserve’s signals of a September interest-rate cut and a rosy sales forecast from Meta, but a pullback in some megacap and chip stocks capped gains. Meta Platforms (NASDAQ:) soared 7% in premarket trading…
Investing.com– The S&P 500 notched another record close Wednesday, in a holiday-shortened session as a slew of weaker economic data boosted hopes for sooner rate cuts, a day ahead of the July 4 holiday. At 13:00 ET (17:00 GMT), the climbed 0.5% to new closing record of 5,534.63. The fell…
By Lisa Pauline Mattackal and Johann M Cherian (Reuters) -U.S. stock index futures rose marginally on Wednesday as investors strengthened bets on an earlier start to the Federal Reserve’s rate cuts this year than previously expected, after a slew of economic data pointed to slowing economic growth. Wall Street ended…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks broadly rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of a Federal Reserve interest rate cut in September and investors awaited crucial payrolls report later this week. Worries about a cooling U.S. economy,…
Investing.com – The Dow, S&P 500 and the Nasdaq jumped to record highs Wednesday, as consumer inflation cooled more than expected following three months of upside surprises, boosting hopes for sooner rate rates and sending Treasury yields sharply lower. At 15:19 ET (19:19 GMT), rose 301 points, or 0.8%, traded 1.1%…