US stocks surged on Friday, with the S&P 500 and Nasdaq Composite securing their strongest week of 2024, buoyed by anticipation for an upcoming Federal Reserve rate cut.
The Fed is anticipated to cut interest rates for the first time since 2020, though it’s not known by how much. The uncertainty around the Fed’s next move has caused stock and bond markets to become ...
Wall Street has given the ASX a positive lead this morning with futures pricing in a 0.2% rise, just enough for a new record close. Follow the day's events and insights from our business reporters on ...