The Singapore stock market has been on a six-day losing streak, dropping over 50 points. However, it is expected to open higher on Monday due to global optimism about interest rates. The STI closed lower on Friday, with losses in financials and plantations offset by gains in properties. Wall Street hit record highs, with the Dow up 0.37%, NASDAQ up 0.72%, and S&P 500 up 0.49%. The NASDAQ surged 2.2% for the week. Crude oil prices dropped on Friday due to concerns about the economy. The Federal Reserve’s rate cut decision has contributed to optimism on Wall Street.

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