Fed Rate Cut Hopes Boost U.S., SoftBank Shares

Global markets see mixed results as investors anticipate Feds interest rate decision. U.S. stocks near record highs, boosted by SoftBanks AI investments and mixed economic data. SoftBanks shares down 28% from a month ago after Nvidia sale. U.S. services sector growth stronger than expected, prices increasing at slowest rate since April. U.S. futures and oil prices edge higher, dollar falls against yen, euro rises against dollar. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.