Stocks extend gains after sell-off amid positive data, Fed's rate signals

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NEW YORK/LONDON :Global shares slightly extended gains on Friday, recovering further from their recent big sell-off and boosted by positive economic data, even as crude oil prices edged higher amid supply concerns from a possible widening of the Middle East conflict. A trio of Federal Reserve policymakers indicated on Thursday that they were more confident that inflation is cooling enough to cut rates, and this - along with a bigger-than-expected fall in U.S. jobless claims data - helped to

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Stocks extend gains after sell-off amid positive data, Fed's rate signals https://www.channelnewsasia.com/ - 09.08.2024 10:18

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Stocks extend gains after sell-off amid positive data, Fed's rate signals https://www.channelnewsasia.com/ - 09.08.2024 10:18