Market

US Stocks Hit Record Highs on Rate Cut Hopes

New york: US stock indices surged to fresh record highs on Wall Street Tuesday, as data showing a moderate rise in July inflation strengthened expectations that the Federal Reserve will move to cut interest rates next month.

According to Qatar News …

Gold Prices Decline Amid Interest Rate Cut Expectations

Doha: Gold prices declined for the second consecutive day during today’s trading, affected by the release of US inflation data, which reinforced expectations of a possible interest rate cut next month. The price of August gold futures dropped by $4.20…

European Stocks Approach Highest Level in Two Weeks

Doha: European stocks closed near a two-week high today, supported by strong gains in major healthcare and technology companies, driven by growing expectations that the U.S. Federal Reserve will almost certainly cut interest rates next month. The Euro…