US Stocks Reach New Highs Amid Rising Rate Cut Expectations

1 min read
Source: Reuters
US Stocks Reach New Highs Amid Rising Rate Cut Expectations
Photo: Reuters
TL;DR

Global stock markets reached new highs driven by expectations of a US interest rate cut in September following benign inflation data, while the US dollar weakened amid easing tariff fears and trade tensions between the US and China.

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