Global stocks climb on Fed rate cut bets and a weaker yen, with S&P 500 and Nasdaq futures also rising.
World shares climb on Fed rate cut bets and a weaker yen, as Futures for Canada’s main stock index edged higher on Monday, mirroring gains in Wall Street peers. Renewed bets of a Fed rate cut and a weakened yen boosted global stocks, with the S&P 500 and Nasdaq futures also rising. Gold and oil prices also moved higher as investors awaited further clues on the interest rate trajectory of central banks.
May 06, 2024
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