Breakfast | Interest rate cut expectations continue to rise, S&P and Nasdaq rise for three consecutive days

Interest rate cut expectations continue to rise, the S&P and Nasdaq have experienced a thrilling three-day increase, with Meta rising over 3%; the chip index halted its two-day increase, but NVIDIA rebounded over 2%; U.S. Treasury prices fell, and yields accelerated their rebound during the session; the U.S. dollar index turned up after hitting a one-month low during the session; crude oil rose for two consecutive days to a two-week high, with U.S. oil increasing nearly 2% during the session. Gold has seen a slight rebound for two consecutive days

GLOBAL MARKETS-Global shares and dollar higher as markets eye Fed rate cuts

Global shares and the dollar rose as markets anticipate a Fed rate cut. U.S. stocks closed mostly higher, with the S&P 500 and Nasdaq gaining. European and Japanese stocks also saw gains. The dollar index ended a nine-session losing streak. Oil prices increased, and the U.S. 10-year Treasury bond yield rose. The yen strengthened against the dollar, while the yuan weakened slightly. Precious metals cooled after recent gains.

The S&P 500 index fell 0.3%, hitting a new daily low