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Asia markets rise as euro rate cut hopes lift sentiment; S&P and Nasdaq hit new highs overnight

The ECB is set to cut benchmark interest rates for the euro area for the first time since September 2019.

United statesSouth koreaDhruba jyoti senguptaAmala balakrishnerDarla mercadoAllspring patelKranthi bathiniGanesh raoMargaret patelBrian evansAlex harringMarcus morris eytonInstitute for supply managementDow jonesNarendra modi bharatiya janata partyFederal reserve

Asia markets live updates: ECB rate cuts; S&P, Nasdaq hit record highs

The ECB is set to cut benchmark interest rates for the euro area for the first time since September 2019.

Ganesh raoKranthi bathiniAlex harringAllspring patelDhruba jyoti senguptaAmala balakrishnerMarcus morris eytonMargaret patelDarla mercadoNarendra modi bharatiya janata partyInstitute for supply managementDow jonesGlobal growth portfolioPrime minister narendra modiBharatiya janata partyJyoti sengupta

Asia markets rise as euro rate cut hopes lift sentiment; S&P and Nasdaq hit new highs overnight

The ECB is set to cut benchmark interest rates for the euro area for the first time since September 2019.

San diegoUnited statesSouth koreaMargaret patelMarcus morris eytonAllspring patelAlex harringHui jieGanesh raoBrian evansDhruba jyoti senguptaRohan goswamiAmala balakrishnerDarla mercadoKranthi bathiniEuropean central bank

This quasi monopoly chip stock will drive AI trend for the next decade, says fund manager

The chip company's products enable the manufacturing of AI chips designed by Nvidia, AMD, and Intel.

Noord brabantUnited statesDidier scemamaMarie gannevalFrancois xavier bouvigniesTammy qiuMarcus morris eytonBe semiconductorEuropean growth portfolioGrowth portfolioWall streetQuasi monopoly morris eytonGlobal growth portfolio

Europe stocks set to extend losses after worst session for a month

European markets opened lower Wednesday after the Stoxx 600 index had its worst session since late April.

New yorkUnited statesCity ofUnited kingdomMarcus morris eytonJenni reidNick griffinFred imbertAmala balakrishnerKlaas knotNeel kashkariEuropean central bank governing councilMorgan stanleyFederal reserve president neel kashkariCentral bank governing councilCan nvidia

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