20 Hrs
Source:
الاقتصادية
Wall Street Gains Over 1% as Rate Worries Ease
Concerns over interest rate hikes eased, leading to more than a 1% rise in Wall Street indices. Federal Reserve Governor Christopher Waller expressed readiness to support keeping interest rates steady if inflation pressures subside. Expectations also point to a 50.4% chance of a rate hike in September. Additionally, markets saw a decline in the 10-year Treasury bond yields, while the Nasdaq benefited from gains in tech companies, especially those related to artificial intelligence. Investors are now awaiting the weekly employment report to gauge the future path of interest rates.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)