Global Market Update: Stocks Rise, Fed's Interest Rates, and China's Policy Stimulus
  • 8 bulan lalu
Stay informed with the latest global market news. Stock markets rose on Monday as expectations grew that the Federal Reserve would not raise interest rates again and hopes emerged regarding China's policy stimulus efforts to stabilize its economy. However, a holiday in the United States limited trading activity. Key readings on U.S. services, Chinese trade, and inflation are expected later this week. Additionally, Beijing is anticipated to take further policy actions, such as relaxing restrictions on home buying. The MSCI All-World Index showed gains, and the dollar weakened slightly. Investor sentiment in the tech sector will be tested by the initial public offering of chip giant ARM Holdings. S&P 500 and Nasdaq futures posted gains, and European stocks approached one-month highs, led by tech stocks in the Stoxx 600.
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