Global stock markets rallied as cooling inflation in Europe and softening US economic data fueled expectations of central bank rate cuts, while bond yields declined and sector-specific gains boosted investor confidence.
Global stock markets rallied as cooling inflation in Europe and softening US economic data fueled expectations of central bank rate cuts, while bond yields declined and sector-specific gains boosted investor confidence.
Tesla's stock surged 6% to over $211 per share, adding $45 billion to its market cap, despite anticipated declines in vehicle deliveries, reflecting strong investor confidence amidst industry challenges.
Analyzing Stock Market Trends: Powell, Payrolls, and Inflation