News Formal

Asia stocks set to rise as Fed slashes interest rates, S&P 500 hit record highs

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Investors will watch for market reaction to the Federal Open Market Committee's overnight decision to cut its benchmark funds rate by 25 basis points. The central bank also removed a key phrase from its statement that said it will 'act as appropriate' to sustain the current expansion.

in Australia was down 0.19% in early trade, with most sectors edging higher.

China's Purchasing Managers' Index data for October is expected to be released at about 9:00 a.m. HK/SIN. Investors will watch for market reaction to the Federal Open Market Committee's overnight decision to cut its benchmark funds rate by 25 basis points.

while signaling a big holiday quarter ahead. Apple CEO Tim Cook said in a statement: "We're very optimistic about what the holiday quarter has in store."

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Asia stocks set to dip ahead of Fed interest rate decisionThe Fed is largely expected to slash interest rates by 25 basis points later this week. That would mark its third rate cut for this year. Why dip ? Fed will cut the rate
Källa: CNBC - 🏆 12. / 72 Läs mer »