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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-10 22:01:11

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Global Equities Reach Record Highs Amid Fed's Interest Rate Hints and Growing ...

Global Equities Reach Record Highs Amid Fed's Interest Rate Hints and Growing Political Uncertainty
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#133aea61 ver:1.79

Global equities hit record highs as US stocks rose on rate-cut hopes and growing political uncertainty. The S&P 500 and Nasdaq Composite reached new highs, fueled by Jerome Powell's remarks and signs of a slowing US economy. The prospect of rate cuts has boosted investor optimism, but the upcoming consumer inflation report and corporate earnings reports will be key tests. Expectations for rate cuts in September remain strong, and clarity on the Fed's monetary policy could provide a buffer for stocks. Meanwhile, TSMC's strong sales growth and Microsoft and Apple's withdrawal from OpenAI's board seats made headlines. #equities #stocks #ratecuts #economy...

#newstr #UsStocks #RatecutHopes #JeromePowell #S&p500 #DowJonesIndustrialAverage #NasdaqComposite #InterestRateCuts #UsEconomy #Inflation #JobsMarket #ConsumerInflationReport #Tsmc #Microsoft #Apple #Openai #AntitrustScrutiny #FederalReserve #CorporateEarnings #PoliticalUncertainty #GlobalEquities #UsTreasuryYields

https://here.news/story/133aea61?ver=1.79
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