Reported about 19 hours ago
On September 10, 2025, global equities reached record highs as stocks rose and the dollar fell amid expectations for interest rate cuts, fueled by disappointing US labor market data. The Labor Department reported a significant rise in initial unemployment claims, indicating weaknesses in the job market, overshadowing a higher-than-expected inflation rate. Market speculation intensified regarding potential rate cuts from the Federal Reserve, with traders anticipating significant easing in monetary policy.
Source: YAHOO