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2024-05-06 23:00:19

US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings on Nostr: Renewed Hopes of US Fed Rate Cuts Boost Stock Market =============== #76cf07ec ...

Renewed Hopes of US Fed Rate Cuts Boost Stock Market
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#76cf07ec ver:0.61

Renewed hopes of US Fed rate cuts boost stock market as investors anticipate lower interest rates this year. Data showing slowed job growth in April raises expectations of a September rate cut, with odds estimated at 67%. However, the timing may be politically uncomfortable ahead of the November election. Strong US economic data shifted expectations from a June rate cut. Quarterly results from more companies expected this week after Apple's impressive earnings and stock buyback. #FedRateCut #StockMarket #Economy...

#newstr #UsFederalReserve #InterestRates #StockMarkets #EconomicData

https://here.news/story/76cf07ec?ver=0.61
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