European stock markets continued their upward trajectory as cooling inflation fueled optimism for deeper rate cuts by the European Central Bank (ECB). Germany's DAX reached a new high after a surprising drop in consumer prices for August, further driving the rally.
Expectations for significant rate cuts by central banks, particularly in Europe, continued to bolster…
Reports from Nvidia, Salesforce, Dell, and CrowdStrike are set to headline a busy week for earnings in the tech sector. Investors are also eyeing financial updates from major retailers like Dollar General, Five Below, Abercrombie & Fitch, and Ulta Beauty.
The week will be capped off with crucial inflation data on Friday, which will be…
KEY TAKEWAYS
The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday.
Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months.
Market…