Reuters (September 28)
2024/ 09/ 29 by jd in Global News
“Treasury yields and the dollar fell while the Dow registered a record closing high on Friday as a subdued U.S. inflation report lifted expectations of an outsized interest rate cut at the Federal Reserve’s November policy meeting.” On top of that, “a global stock index also reached a record high, helped by China’s stimulus boost, and European shares posted an all-time high close.”
Tags: China, Dollar, Dow, Europe, Expectations, Fed, Global stock, High, Index, Inflation, Interest rate, Policy meeting, Record, Stimulus, U.S., Yields
