19 h. ago Dow Jones & Nasdaq 100 Advance Despite China Export Slump; Rate Cut Bets Boost Sentiment

Dow Jones & Nasdaq 100 Advance Despite China Export Slump; Rate Cut Bets Boost Sentiment  FXEmpire

Politics

3 d. ago Wall Street climbs to new highs on hopes of interest rate cuts

US stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy. The S&P 500 climbed 0.4 per cent on Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7 per cent. The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the US job market. That raised expectations for a cut to rates by the Fed later this month....

Politics

3 d. ago US stocks wobble as Wall Street wrangles with whether job market is too weak

US stocks wobbled lower on Friday as Wall Street questioned whether the US job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way. After rising to an early gain, the S&P 500 erased it and fell 0.3 per cent below the all-time high it set the day before. The Dow Jones Industrial Average dropped 220 points, or 0.5 per cent, after swinging between an early gain of nearly 150 points and a loss of 400....

Politics

5 d. ago Australian tourist’s Japan cemetery stunt sparks travel warning, outrage

The Australian embassy in Japan issued a warning to travellers to behave themselves after an Instagrammer drank offerings from a Japanese burial site, provoking widespread anger online. In the most recent example of fame-seeking foreigners riling locals, Lochie Jones – reportedly an Australian tourist – posted a clip of himself swigging from a can placed on a headstone as an offering. Moments earlier, he is seen flipping a coin to decide whether to open the drink, likely left as a gift for...

Events

1 week ago S&P 500, Dow score record high closes as Nvidia results buttress AI rally

S&P 500, Dow score record high closes as Nvidia results buttress AI rally  Reuters

Politics