France's CAC 40 rose 1.2% to 7,018.50. Germany's DAX gained 1.1% to 15,084.21. Britain's FTSE 100 climbed 1.0% to 7,417.45. The future for the Dow Jones Industrial Average was up 0.3% and that for the S&P 500 gained 0.5%.In Japan, Prime Minister Fumio Kishida announced an economic stimulus package worth about $113 billion that is meant to cushion the blow to household budgets from rising inflation and timed to counter weakening public support for his government.
Fed Chair Jerome Powell said the central bank is unsure that its main interest rate is high enough to ensure high inflation will move down to its 2% target. That kept alive the possibility of more hikes by the Fed. He also said the Fed is not considering cuts to interest rates, which can act like steroids for financial markets.
The stock market is approaching a 'once-in-a-generation' buying opportunity as profits are about to take off almost everywhere, investment firm saysBank of Nova Scotia stock could be a major bargain in the banking scene right now. The post Canadian Bank Stocks Look Severely Undervalued: Here’s 1 With a 7.6% Yield appeared first on The Motley Fool Canada.
The former GOP lawmaker in his new book detailed how Kelly arrived to one breakfast "looking gaunt and exhausted" as he sought to discuss Afghanistan.Jonathan Ernst/ReutersMelania Trump appeared alongside her husband for the first time in seven months Tuesday night for a Halloween party at Mar-a-Lago.
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