yearago. i previous record more than a year ago. i spoke to a tribeca investment partner.- year ago. i spoke to a tribeca investment partner. heading to a aood investment partner. heading to a good start- investment partner. heading to a good start. the investment partner. heading to a good start. the optimism - investment partner. heading to a good start. the optimism hasi a good start. the optimism has returned after the first couple of weeks. investors have cited 2024 will be a year where interest rates will be lower globally. economic activities will slow down but not as badly as feared. all that combined, it s good to see asdaq pushing higher. it s good to see asdaq pushing hiaher. ~ ., ,., ., ., higher. we re hearing some good thins and higher. we re hearing some good things and some higher. we re hearing some good things and some lay-offs. - higher. we re hearing some good things and some lay-offs. i- higher. we re hearing some good things and some lay-offs. i
among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been hovering at their lowest points in as many years. this comes despite somewhat upbeat signals at the end of last year. for more on what we can expect from china,
time for a look at the weather, here s ben rich. good afternoon. we had split fortunes temperature wise in the last few days. it has been cold in the south of the uk and another frosty start this morning but temperatures will slowly creep up a little over the next few days. this is aberdeen where yesterday it was close to 16 degrees. really mild in the north of the uk but here temperatures will be dropping away a little so essentially we end up whole in the same boat. things are starting to change because of this cold front, behind that the air is relatively cold so temperatures coming down a little in the north of the uk. this area has been stubborn in the south and will start to get pushed out of the way so we had that slight rise in temperatures but not just yet. very cold and gloomy in the south and east of england to the rest of the day and then this band of rain and behind that some spells of rain and behind that some spells of sunshine. through tonight we keep some sho
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