Stock market today: Global benchmarks mostly climb despite worries about US economy

From ABC News: 2024-04-26 03:31:17

Global shares are mostly rising despite economic concerns, with France’s CAC 40 up 0.3% and Germany’s DAX up 0.8%. U.S. shares are also set to drift higher, with Dow futures gaining 0.2% and S&P 500 futures rising 0.8%. The Bank of Japan made no major changes, keeping interest rates at 0 to 0.1%, with the yen weakening to 156.45 to the dollar. Traders worry about the U.S. economy’s growth slowing to 1.6% and inflation, with speculation on potential Fed interest rate cuts. Energy trading sees U.S. crude at $83.85 and Brent crude at $89.21 a barrel.



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