Global Markets Mixed After Fed Cuts Rate Quarter Point

Global markets reacted with mixed results following the Federal Reserve's quarter-point interest rate cut, which was the first in 10 months and intended to boost the U.S. economy amid persistent inflation and a weakening labor market. U.S. equity futures showed modest gains, with the Dow Jones up slightly, while the S&P 500 and Nasdaq futures edged higher after mixed performances in the previous session. The dollar strengthened, pushing gold prices down despite expectations that they might rise, as traders adjusted to less dovish signals from the Fed. Internationally, Asian markets were mixed with declines in Chinese indices due to economic concerns linked to President Trump's tariffs, while Japan and South Korea saw gains; European stocks generally rose, led by Germany's DAX. Treasury yields fell slightly, reflecting cautious optimism about the Fed's rate path and its impact on risk assets. Investors remain watchful of the Fed's future guidance, as more rate cuts are anticipated, balancing efforts to manage inflation while supporting economic growth.