New Overnight Developments Abroad - Daily Update
Broad-Based Rally in Global Equities
September 19, 2024
Yesterday’s bold decision by Fed officials, who cut their interest rate by 50 basis points, ignited a rally across global stock markets today that has been shared by U.S. futures. In contrast to yesterday’s modestly lower closing levels, pre-open trading this morning currently points to gains of 2.2% in the Nasdaq, 1.7% in the S&P […] More
