Los Angeles Times on Nostr: nostr:note124qkl7s7d59jrkl3u0zw0hcx7ml3026jjjxsf2qs45s85gevs02suzpqqq

quoting note124q…pqqq

Wall Street Hits Records as a Slowing Economy Boosts Hopes for Lower Rates
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#d044f1de ver:0.54

Wall Street hits records as a slowing economy boosts hopes for lower rates. S&P 500 and Nasdaq reach all-time highs, while Dow Jones closes higher. European bourses retreat due to concerns about far-right winning power in France. Asian markets close higher driven by improved confidence among Japan's largest manufacturers. US stock market remains flat during holiday-shortened trading session. Weak reports on the economy keep door open for interest rate cuts. Traders betting on Fed cutting rates in September. Australian sharemarket set to jump following Wall Street's record-breaking rally. #WallStreet #economy #interestrates #stockmarket...

#newstr #UsStocks #EuropeanBourses #FederalReserve #JeromePowell #FrenchElections #HolidayshortenedTradingSession #InterestRates #WeakEconomicData #Asx #WallStreet #AustralianSharemarket

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