Fed Rate Cuts Boost Global Markets, Oracle Drops

Federal Reserves rate cut sparks global market optimism, with European stocks surging and U.S. rate futures pricing in a no-change meeting in January. Oracles weak cloud sales drag down tech sector. Asian markets rise ahead of potential Bank of Japan rate hike.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.