Marketmind: Global cheer lifts that Friday feeling
Chinese stocks are loving Beijing's support measures, U.S. growth is smashing expectations on the upside, while inflation is smashing expectations on the downside. On top of that, the European Central Bank could soften its rhetoric at its March meeting and pave the way for an interest rate cut as soon as June, if upcoming data confirms inflation has been vanquished, four sources told Reuters. Bond yields are falling, U.S. stocks are making new highs - earnings are strong, despite Tesla - ...
Source: yahoo.com