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2024-06-07 09:57:24

US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings on Nostr: Global Stock Market Rally Pauses Ahead of US Jobs Data =============== #76cf07ec ...

Global Stock Market Rally Pauses Ahead of US Jobs Data
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#76cf07ec ver:1.35

Global stock markets pause as weaker-than-expected US growth data and lower bond yields prompt speculation of interest rate cuts by the Federal Reserve. The Dow Jones, S&P 500, and Nasdaq Composite all decline. US economic data, including home sales and jobless claims, disappoint. Investors await the US jobs report to determine the Fed's next steps. European Central Bank cuts interest rates, while China's stock market is affected by US lawmakers' calls to ban Chinese battery companies. MSCI's world share index remains steady, and money market pricing suggests a potential rate cut by September. #StockMarket #USJobs #InterestRates...

#newstr #StockMarket #UsJobsData #EconomicData #InterestRates #BondYields

https://here.news/story/76cf07ec?ver=1.35
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