Global stocks rise in expectation of pause in interest rate hikes

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 98%

United States News News

United States United States Latest News,United States United States Headlines

The Iseq finished up 0.3% but lagged a number of its international peers as many of its bigger hitters treaded water

The main mover on the day was Dalata, which operates the Clayton and Maldron brands in Ireland and the UK, including three properties in Northern Ireland.

The UK’s top index jumped to a two-week high in a cheerful session following the bank holiday weekend. It gained 1.72 per cent. The FTSE 100-listed firm told shareholders it now expects its annual underlying earnings to be “moderately higher” than in 2022. Its share price closed 3.1 per cent higher. Wall Street’s main indexes rose, lifted by growth stocks such as Tesla and Alphabet after a drop in monthly job openings cemented expectations of a pause in interest rate hikes by the US Federal Reserve.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European shares inch higher with tech stocks as UK market closedIseq All Share index advances 1.2 per cent to 8,884.61
Source: IrishTimes - 🏆 3. / 98 Read more »