New York, Jan 13, 2025 (AFP) - Stock markets mostly fall as traders trim US rate cut bets

NAMPA / AFP

2025-01-14

Global markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally sparked by new sanctions on Russia's energy sector. Equities had tumbled Friday following strong US jobs data that traders viewed as lessening the odds of Federal Reserve interest rate cuts in 2025. Wall Street began the day looking poised to continue that trend. But two of the three major indices finished in positive terr......

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