Asian Markets, U.S. Futures Rally on Fed Rate Cut Hopes
Update: 2025-11-26
Description
Asian markets and U.S. futures surged on Wednesday, buoyed by growing hopes of a Fed interest rate cut. Tokyos Nikkei and South Koreas Kospi led the charge, while Chinese markets saw modest gains. Alibabas shares dipped despite strong revenue. Wall Streets strong performance and mixed economic data further fueled market optimism, with the Russell 2000 index jumping 2.1%. The Feds potential rate cut in December, driven by lower retail sales and consumer confidence, is driving this positive sentiment.
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