Markets today: U.S. stocks rebound after data with eyes on Powell

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The stock market rebounded as the latest set of economic data did little to alter bets the Federal Reserve will deliver rate cuts this year, following recent concern that the central bank would delay policy easing.

Markets today: U.S. stocks rebound after data with eyes on PowellPimco Boosts Bond Bets That Fed Will Cut Less Than Global PeersECB’s De Cos Says First Rate Cut in June Is His Central ScenarioTsunami Warning Issued After Quake Shakes Buildings in TaipeiChile Tempers Monetary Easing With Interest Rate Cut of 75 Basis PointsTrudeau Pledges Billions More for Apartment Construction LoansCenterbridge Joint Venture Eyes $1.25 Billion in Marina DealsFed Risks 70’s Mistake If It Cuts Rates Too Soon, T.

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