Rate Cut Expectations Drive Gains in US Stock Indexes as Concerns about Overheating Economy Ease
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#76cf07ec ver:0.66
US stock indexes gain as rate cut expectations rise, easing concerns about an overheating economy. Data shows slower job growth in April, reducing pressure on the Fed to keep rates high. Positive earnings reports and hopes of rate cuts drive investor optimism. Futures market pricing in at least two rate cuts by year-end. S&P 500 up 1.03%, Dow Jones up 0.46%, Nasdaq up 1.19%. Economic data falling short, making case for cuts. Dollar remains strong, oil traders uncertain. Fed's first cut still months away. #StockMarket #RateCuts #EarningsReports...
#newstr #RateCuts #FederalReserve #StockMarket #EconomicData #JapaneseYen #OilPrices
https://here.news/story/76cf07ec?ver=0.66
US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings /
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2024-05-07 22:54:43
Author Public Key
npub18l6qrl3ptu3kjty9rggrfv28pptwpjnkta4mg98ehk88cgznhlmqkf2u2vPublished at
2024-05-07 22:54:43Event JSON
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"content": "Rate Cut Expectations Drive Gains in US Stock Indexes as Concerns about Overheating Economy Ease\n===============\t\n#76cf07ec ver:0.66\n\nUS stock indexes gain as rate cut expectations rise, easing concerns about an overheating economy. Data shows slower job growth in April, reducing pressure on the Fed to keep rates high. Positive earnings reports and hopes of rate cuts drive investor optimism. Futures market pricing in at least two rate cuts by year-end. S\u0026P 500 up 1.03%, Dow Jones up 0.46%, Nasdaq up 1.19%. Economic data falling short, making case for cuts. Dollar remains strong, oil traders uncertain. Fed's first cut still months away. #StockMarket #RateCuts #EarningsReports...\n\n#newstr #RateCuts #FederalReserve #StockMarket #EconomicData #JapaneseYen #OilPrices \n\n https://here.news/story/76cf07ec?ver=0.66",
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