Tech takes stocks higher as ECB prepares rate cut

Taiwan

LONDON : Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB rate cut pinned shorter-term euro zone borrowing costs near to their lowest level since the end of 2022, and the euro to a 4-month nadir. An overnight rally in supersized U.S. tech stocks and a rebound in commodity markets was also helping the mood, but focus was rapidly gravitating towards what message ECB chief Christine Lagarde sends from Frankfurt shortly. The central bank's second

Tech takes stocks higher as ECB prepares rate cut https://www.channelnewsasia.com - 12.09.2024 15:40
Tech takes stocks higher as ECB prepares rate cut https://www.channelnewsasia.com/ - 12.09.2024 07:47

din zilele anterioare

Tech takes stocks higher as ECB prepares rate cut https://www.channelnewsasia.com - 12.09.2024 15:40
Tech takes stocks higher as ECB prepares rate cut https://www.channelnewsasia.com/ - 12.09.2024 07:47