From Yahoo Finance: 2024-07-10 22:53:34

Stocks in markets around the world, including Tokyo and New York, hit record highs. The S&P 500 closed at a sixth consecutive record high, driven by tech shares. Asia-Pacific shares advanced, with Japan’s Nikkei and Taiwan stocks reaching highs. U.S. data is expected to show slower inflation, supporting potential rate cuts in September. Futures indicate a 75% chance of a cut. Bank of Korea holds rates while the Reserve Bank of New Zealand signals rate-cut expectations. China stocks move with global momentum, awaiting GDP data. Commodities trade mixed, with oil prices rising and wheat futures pressured. Gold and bitcoin prices steady.



Read more at Yahoo Finance: Stocks stride to record highs ahead of US inflation test