Most markets rise after Wall St rally as US rate optimism lingers

Hong Kong (AFP) May 7, 2024

Most markets built on the latest global rally Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors. Friday's big miss on jobs creation for April, a strong earnings season and soothing comments about the policy outlook by central bank chief Jerome Powell have combined to push equities higher in recent weeks. Positive