2024-07-04 06:21:19
Global Markets React to Fed Rate-Cut Speculation
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The Street
Veteran fund manager sees world of pain coming for stocks
Finance
Economy
The argument between bulls and bears is raging as stocks have soared over the past two years. Bulls believe that the Federal Reserve trimming interest rates and improving corporate earnings will continue to boost the market. However, bears argue that the market surge has gone too far and that interest rates will remain high, leading to a significant pullback.
Tagesschau - Wirtschaft und Börsen-Nachrichten
Stock market gains on Wall Street DAX pendulum could swing back up
Finance
Economy
Wall Street recorded gains, which also positively influenced the German stock market. The DAX is expected to slightly increase but remains trapped in its sideways movement. Fed Chair Jerome Powell commented on the USA and signaled a possible interest rate cut in September.
Yahoo Finance
European Stocks Set to Rise on Fed Rate-Cut Bets: Markets Wrap
Finance
Economy
Technology
European equity futures rose on hopes of US interest-rate cuts after comments from Fed Chair Jerome Powell on inflation. Asian markets also saw gains, with Japanese equities climbing and SoftBank Group Corp. shares reaching a lifetime high. US markets reached new record highs, with Tesla leading gains in megacaps.
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