Reported about 1 year ago
US stocks are expected to open near record levels after the S&P 500 closed above 5,500 for the first time, buoyed by optimism about potential interest-rate cuts. Markets in Europe also reflected positive sentiment, while investors await key data on US initial jobless claims and employment to gauge the policy outlook. Global equities continue to rally with the MSCI Inc. index hitting record highs, driven by factors such as earnings growth, technology trends, and expectations of lower interest rates.
Source: YAHOO