World stocks rally on US rate-cut hopes, bond yields rise

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 83%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

NEW YORK -- Global stock indexes rallied on Tuesday and US stocks registered their biggest one-day gains in 5 months as Federal Reserve Chairman Jerome Powell seemed to open the door to the possibilit

y of a rate cut, while yields on US Treasuries rose.

"Investors are taking comfort in what appears to be a Fed that is contemplating cutting rates if the economy materially slows down," said Michael Geraghty, equity strategist at Cornerstone Capital Group in New York. A bounceback in US internet-related stocks helped the equity rally following a sell-off in those names Monday that was tied to worries about a clampdown on the world's internet and social media giants.

The pan-European STOXX 600 index rose 0.59 percent and MSCI's gauge of stocks across the globe gained 1.37 percent.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes