US stocks end higher as Powell cements rate cut hopes

Quick Summary:

US stocks rallied on Friday as dovish remarks from US Federal Reserve chair Jerome Powell solidified expectations that the central bank will cut its key policy rate in September.

Markets 34m ago Why are Main Market IPOs declining?

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: StockMarketRally /Business/ FedRateCut USStocks JacksonHole DovishFed MarketGains Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-24 @ 06:22:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 154 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22235763

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 47 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 12 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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