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Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data /
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2024-05-04 03:58:46

Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data on Nostr: Wall Street Rallies as US Employment Data Shows Signs of Cooling =============== ...

Wall Street Rallies as US Employment Data Shows Signs of Cooling
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#10d0212a ver:0.91

Wall Street rallies as US employment data shows signs of cooling, easing inflationary pressures. S&P 500 rose 1.3%, erasing losses for the week. Dow Jones climbed 1.2% and Nasdaq ended 2% higher. Technology stocks powered gains, with Apple jumping 6% after announcing $110 billion stock buyback. Fed may have more leeway to cut interest rates. US economy hopes to avoid recession without worsening inflation. Rate markets now see 64% chance of rate cut in September. Jobs report shows US added 175K jobs in April, below expectations. Dow Jones climbs over 1%, dragged higher by tech stocks. [2257d0c7] [e4789aac] #WallStreet #employmentdata #inflation #interestrates #economy #stocks #technology #Apple #Fed #jobsreport #DowJones...

#newstr #WallStreet #UsEmploymentData #Inflation #FederalReserve #InterestRates #StockMarket #AppleStockBuyback #JobsData #KentuckyDerby #AntiisraelProtests

https://here.news/story/10d0212a?ver=0.91
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