India  
NewsR.in
> >

US Stocks Climbing As Traders Bet On Rate-cut Hopes

Video Credit: Wochit - Duration: 00:33s - Published < > Embed
US Stocks Climbing As Traders Bet On Rate-cut Hopes

US Stocks Climbing As Traders Bet On Rate-cut Hopes

Stocks climbed on Friday as the growing prospect of a cut to US interest rates this month outweighed renewed tensions in the US-China trade war, an unexpected contraction in Singapore, and uninspiring Chinese trade data.

Federal Reserve Chair Jerome Powell told Congress that the central bank is largely in agreement that "more accommodative monetary policy may be appropriate." However, Trump accused China of "letting us down" by not purchasing US agricultural products as promised.

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this


Recent related videos from verified sources

Wall St. extends gains on trade optimism [Video]Wall St. extends gains on trade optimism

NEW YORK (Reuters) - U.S. stocks rose on Monday, hitting record highs again on hopes of a U.S.-China trade deal and an improving domestic economy. Traders work on the floor at the New York Stock..

Credit: Rumble     Duration: 00:37Published

Wall St. Extends Gains On Trade Optimism [Video]Wall St. Extends Gains On Trade Optimism

NEW YORK (Reuters) - U.S. stocks rose on Monday, hitting record highs again on hopes of a U.S.-China trade deal and an improving domestic economy. Traders work on the floor at the New York Stock..

Credit: Wochit     Duration: 00:37Published

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest