Wall Street's main indexes were mixed on Tuesday as traders returned from a holiday-extended weekend, with the focus on key inflation data later in the week that could influence expectations for the Federal Reserve's rate-cut path. The possibility that the world's most influential central bank could kick off interest-rate cuts this year has sent Wall Street on a record-breaking rally since late 2023, with the Nasdaq and S&P 500 marking their fifth straight week of gains on Friday. However, expectations for the timing of rate cuts have see-sawed, with policymakers wary as the data still reflects sticky inflation.
Equity index dips while yields fall; investors await inflation prints swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.
Global equity index dips as investors await inflation prints swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.