Asia markets rise as euro rate cut hopes lift sentiment; S&P and Nasdaq hit new highs overnight
The ECB is set to cut benchmark interest rates for the euro area for the first time since September 2019.
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The ECB is set to cut benchmark interest rates for the euro area for the first time since September 2019.
US stocks were mixed Friday with the Dow Jones making mild headway while the Standard and Poor 500 and Nasdaq Composite slipped after htting record highs a day earlier
The S&P 500 and Nasdaq composite dipped on Thursday as tech stocks, including Nvidia, fell ahead of a key labor market report. Gains made in the previous session were not sustained. Investors await Friday's crucial U.S. nonfarm payrolls report, which could influence the Federal Reserve's rate cut decisions.
Traders are looking ahead to the May nonfarm payrolls report due Friday morning.
Traders are looking ahead to the May nonfarm payrolls report due Friday morning.