Wall Street climbs to more records on hopes for cuts to interest rates
NEW YORK (AP) — U.S. stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy.
The S&P 500 climbed 0.4% Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7%.
The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the U.S. job market. That raised expectations for a cut to rates by the Fed later this month. While the data on the job market is disappointing, it’s still not so weak that it’s screaming a recession.
More Stories
Choosing An Office Coffee Supplier: What Matters Beyond the Machine
When businesses look at office coffee, the machine usually gets most of the attention. That makes sense at first. It...
An SEO’s guide to ethical AI use
Navigating the ethics of AI in modern SEO The AI x SEO crossover isn’t just a trend; it’s the next...
Enhancing Industrial Efficiency with High-Speed Robot Palletizers
In modern manufacturing and logistics, automation plays a critical role in improving efficiency and reducing manual labour. One of the...
Top 3 AI Search Visibility Solutions for Enterprise Teams: 2026 Rankings
Most enterprise brands have no idea how they appear in ChatGPT, Gemini, or Perplexity. A Daily Emerald roundup of the...
Top Ecommerce Development Companies for UK Businesses [2026 Review]
When UK businesses evaluate ecommerce development partners, the gap between agencies that build storefronts and those that architect scalable commerce...
Why ADHD and entrepreneurship can drive success and create challenges in equal measure
There is a stage in entrepreneurship that many founders and senior leaders struggle to make sense of. On paper, things...