Global stocks rise as investors hopeful of US interest rate cut

Global stock markets were moving higher on Tuesday as investors await the US’s interest rate decision with bated breath.The blue-chip index was up by 31.42 points, or 0.38%, to close at 8,309.86.

“An economy growing at 2.5% to 3% with low unemployment, inflation above target and equities at all-time highs suggests there will be large pockets of resistance, which makes the outcome tomorrow a coin toss,” he said. It hopes this recovery will pave the way for stronger demand for large household purchases. Its share price closed 11.2% higher.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

FTSE 100 fails to make gains as banking stocks hit by tax raid fearsNatWest, Barclays, Lloyds and HSBC were among the fallers amid speculation the upcoming Budget could see a tax increase on banks.
Источник: LBCNews - 🏆 75. / 59 Прочитайте больше »