US stocks rally as Fed signals dovish bias
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#c0f35c29 ver:0.8

US stocks rebounded as tensions in the Middle East eased, with the Dow Jones, S&P 500, and Nasdaq Composite all seeing gains. Market participants are adjusting their interest rate cut expectations from the Fed after strong economic data signaling persistent inflationary pressures. However, stocks slipped on Tuesday as the market awaits messaging from Fed Chairman Jerome Powell about interest-rate hikes. Asian-Pacific markets opened on a somber note on Wednesday due to revived inflation apprehensions. Global stocks declined ahead of the Federal Reserve's policy announcement, with the Fed expected to hold rates steady but comments from Powell providing insight into interest rate cuts. US stocks closed mixed on Wednesday following the Fed's decision to keep its key interest rate unchanged. However, stocks rallied on Thursday as investors dissected the Fed's interest rate guidance, with the Nasdaq enjoying a boost from chip stocks....

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