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May 8, 07:20 AM

Global Stock Markets Gain on Rate Cut Optimism; S&P 500, Dow Jones Extend Winning Streaks; Chinese Stocks Rally, Japanese Nikkei Climbs

Global Stock Markets Gain on Rate Cut Optimism; S&P 500, Dow Jones Extend Winning Streaks; Chinese Stocks Rally, Japanese Nikkei Climbs

Authors

31

Global stock markets showed positive momentum as investors anticipated potential rate cuts by central banks. Asian, European, and US markets experienced gains, with the S&P 500 and Dow Jones extending winning streaks. Chinese stocks saw a significant rally, while Japan's Nikkei climbed on rate-cut expectations and tech boosts.

#Asian #European #US #Dow Jones #Chinese #Japan #Nikkei

Written with ChatGPT (GPT-3).

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Reuters Business@ReutersBiz
2 years ago
The Dow Jones closed higher as investors kept betting on supportive US monetary policy, while the other Wall Street benchmarks cooled a touch as momentum stalled and US Treasury yields rose. Read more: https://t.co/YaNZovh2t8 https://t.co/681pnvKDSq
Reuters@Reuters
2 years ago
The Dow Jones ended higher, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive US monetary policy https://t.co/GY90o0tmr1 https://t.co/eV4ZzMuptC
Reuters Tech News@ReutersTech
2 years ago
Dow ends higher for 6th session, but Treasury yields pressure market https://t.co/dvOYtVvrhs https://t.co/0uy5mY9eca

Business /Government Actions Business /Market Movements