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Global shares soar as investors bet on Fed’s rate cut in early summer

  • Global markets posted gains Friday, April 25, 2025, as Wall Street extended its rally.
  • Hopes that the Federal Reserve would reduce interest rates fueled the market advance.
  • Better-than-Expected earnings from U.S. Tech companies also supported the positive trend.
  • Tokyo's Nikkei 225 climbed 1.9% and S&P 500 futures gained 0.5% during Friday trading.
  • Federal Reserve officials suggested potential rate cuts could begin by June.
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Global shares soar as investors bet on Fed’s rate cut in early summer

By JIANG JUNZHE, Associated Press HONG KONG (AP) — Global markets were higher Friday after Wall Street rallied for the third day, driven by hopes for the Federal Reserve to cut rates. The future for the S&P 500 climbed 0.5% while that for the Dow Jones Industrial Average edged up 0.1%. In European trading, the CAC 40 in Paris added 0.7% to 7,554.56 and Germany’s DAX was 0.4% higher to 22,154.72. Related Articles A Detroit nonprofit…

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Beckley Register-Herald broke the news in on Friday, April 25, 2025.
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