News Formal

Stock market today: World shares are mostly higher as Wall Street gears up for an interest rate cut

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 21 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

World News News

Business

Shares are mostly higher in Europe and Asia as world markets await an expected interest rate cut by the Federal Reserve.

Read full article: LIVE RADAR: Flood Advisory for multiple counties through TuesdayPalm Coast man dies after side-swiping SUV, rear-ending another vehicleGet ready to travel this fall with these Insider DealsFILE - People walk in front of Tokyo Stock Exchange building in Tokyo, on May 28, 2024.

Markets have been eagerly awaiting the decision by the Fed, which is expected to cut its key rate for the first time in more than four years after keeping rates high to tamp down inflation. The main question is how much relief for the economy the Fed will deliver. The S&P 500 index, which is much more comprehensive and widely followed on Wall Street, ticked up by 0.1%, ending at 5,633.09.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street holds steady following its best week of the yearU.S. stocks are holding steady as Wall Street’s roller coaster of a summer levels out a bit. The S&P 500 was 0.2% higher in early Monday trading, coming off its best week of the year. The Dow Jones Industrial Average rose 125 points, and the Nasdaq composite added 0.1%.
Source: AP - 🏆 728. / 51 Read more »

CNBC's Inside India newsletter: The search for a stock market alternativeIndian bonds attract foreign investors as Wall Street forecasts lackluster future growth in stock prices.
Source: NBCNewYork - 🏆 270. / 63 Read more »

CNBC's Inside India newsletter: The search for a stock market alternativeIndian bonds attract foreign investors as Wall Street forecasts lackluster future growth in stock prices.
Source: CNBC - 🏆 12. / 72 Read more »