Global stock markets dipped on Friday following a rally sparked by the US Federal Reserve’s decision to cut interest rates. The move, which reduced the rate by 50 basis points, initially boosted investor confidence, leading to record highs for major indices. However, concerns over broader economic challenges soon pulled markets back into the red. In … Continue reading Stock Markets Retreat After Fed-Fueled Rally Amid Economic Caution
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Stock Markets Retreat After Fed-Fueled Rally Amid Economic Caution
Global stock markets dipped on Friday following a rally sparked by the US Federal Reserve’s decision to cut interest rates. The move, which reduced the rate by 50 basis points, initially boosted investor confidence, leading to record highs for major indices. However, concerns over broader economic challenges soon pulled markets back into the red. In … Continue reading Stock Markets Retreat After Fed-Fueled Rally Amid Economic Caution