Wall Street Rises Amid Mixed Global Signals
Wall Street Rises Amid Mixed Global Signals

Wall Street Rises Amid Mixed Global Signals

News summary

Global stock markets displayed mixed performance amid varying economic signals and geopolitical uncertainties. In Pakistan, the stock market fell by over 2% due to political instability but is expected to rebound on hopes of a key policy rate cut by the State Bank of Pakistan. In the U.S., cooling inflation data has led to optimism about potential interest rate cuts by the Federal Reserve, pushing major indices like the Dow, S&P 500, and Nasdaq higher. European stocks and U.S. futures also rebounded after a week of declines, with investors eyeing U.S. inflation data for further clues on Fed policy. In Bangladesh, stocks bounced back after a significant drop, with the Dhaka Stock Exchange's major index rising by 1.17%.

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Last Updated
108 days ago
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