Stocks Rally As Wall Street Set to Build On Record: Markets Wrap

<p>Global stocks powered higher, as expectations of resilient US economic growth and solid company earnings pointed to another record high for Wall Street. Nasdaq 100 Index futures rose 0.6% and S&P 500 contracts climbed 0.3%. Tesla Inc., Intel Corp. and PayPal Holdings Inc. advanced in pre-market trading. European bond markets rallied, shrinking the yield spread for Italian and German 10-year notes to the narrowest level since 2022. Oil steadied, with Brent holding above $78 a barrel. US equity markets are shaking off a rocky start to the year amid conviction that the Federal Reserve will soon cut interest rates and bets that […]</p>
<p>The post <a href="https://vladimirribakov.com/stocks-rally-as-wall-street-set-to-build-on-record-markets-wrap/">Stocks Rally As Wall Street Set to Build On Record: Markets Wrap</a> appeared first on <a href="https://vladimirribakov.com">Vladimir Ribakov</a>.</p>