Stocks Gain as Inflation Feeds Rate-Cut Wagers: Markets Wrap

Catherine Bosley and Matthew Burgess -- Global stocks rose, with European markets at record highs, as signs of moderating inflation cemented expectations of interest-rate cuts across the developed world.

US equity futures also advanced, with contracts on the Nasdaq 100 adding 0.6% and the S&P 500 up 0.4%. Nvidia Corp. edged higher in premarket trading, following the previous day’s 6% drop, while other tech names, including Marvell Technology Inc. and Dell Technologies Inc. were boosted by forecast-beating results.

“Inflation is looking better and economic growth remains decent and that’s the environment we are in,” said Florian Ielpo, head of macro research at Lombard Odier Asset Management in Geneva. “Inflation is a done deal so markets are more likely to pay attention to what’s happening to employment and growth,” he added.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

European Stocks Gain With Focus on US Inflation, Nvidia Results(Bloomberg) -- European stocks rose on Tuesday as investors awaited US inflation data and Nvidia Corp. earnings later this week.Most Read from...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Stocks edge higher as key inflation report matches expectationsWall Street awaited a key signal on consumer prices that is set to help shape the near-term future of interest-rate policy
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: US stocks jump as key inflation data comes in coolInvestors are anxious for several economic datapoints this week, starting with inflation.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Tech stocks lead rally after inflation data sets table for CPIInvestors are anxious for several economic datapoints this week, starting with inflation.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: US stocks edge higher ahead of key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: US stocks waver ahead of key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »