Key Points
LONDON (Reuters) -Bumper tech earnings supported world stocks on Friday, even as overwhelmingly strong U.S. jobs data lowered expectations of how much the Federal Reserve might cut interest rates this year and set government bond markets back...
MSCIs global share index was most recently flat, although U.S. stock futures tipped Wall Streets S&P 500 share index to open 0.2% higher and the tech-heavy Nasdaq 100 to gain 0.5%..
Shares in Meta Platforms were 17% higher in pre-market trade after the Facebook owner on Thursday evening rewarded investors with its first-ever dividend...
Global shares have risen for 12 out of the last 13 sessions as markets conjured up a so-called Goldilocks scenario of easier monetary policy alongside robust economic growth, which some investors warn is unrealistic...
Investors think we are going to have rate cuts, inflation dropping, a miraculous soft landing that doesnt do any damage to earnings, and areas of the market like technology are priced on the belief the stocks can grow miraculously to the sky...
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