Trade optimism boosts global markets, Wall Street gains, dollar strengthens, bitcoin hits $100,000

From Yahoo Finance: 2025-05-08 17:08:00

A wave of trade optimism buoyed global markets on Thursday thanks to a U.S.-UK trade deal and positive U.S. President Trump comments. Wall Street saw solid gains, the dollar strengthened, and bitcoin soared above $100,000. Brazil’s stock market hit a record high, reflecting market optimism. However, macro hedge funds experienced one of their worst months in years in April due to tariff volatility. While the future remains uncertain, central banks are cutting rates amid economic risks. Market trends will likely depend on upcoming economic data and global events. (Words: 100)



Read more at Yahoo Finance: Tariff tensions cool, markets sizzle