Page 3 - Tianfeng News Today : Breaking News, Live Updates & Top Stories | Vimarsana

After a week of worldwide stock market records, Friday seems set for a breather - with attention switching to the deepening Chinese housing bust and sweeping government plans to stop the rot there. Thursday's saw the blue-chip Dow Jones briefly top the 40,000 milestone as the S&P500, Nasdaq and MCSI all-country index all clocked all-time intraday highs too. Signs of U.S. disinflation resuming and the wider economy cooling all stoked hopes that Federal Reserve interest rate cuts are indeed coming - with annual corporate profit growth and year-to-date stock index gains revving up into double digits.

San franciscoUnited statesMary dalyChristopher wallerToby chopraMike dolanIsabel schnabelEuropean central bankFederal reservePeople bankDow jonesTianfeng securitiesHong kongHang sengWall streetFederal reserve board governor christopher waller