G'day, mooers! Check out the latest news on today's stock market!
• Wall St rallies on Fed pivot hopes
• The S&P/ASX 200 surged 1.95 per cent, led by energy, tech and consumer discretionary stocks
• Stocks to watch: BHP, Oz Minerals, Life360
- moomoo News AU
Wall Street Summary
US stocks took wing after the Wall Street Journal reported the Federal Reserve may reduce its aggressive pace of rate hikes after next month's meeting. The re...

Singapore REITs has hit a 1-year low recently. The iEdge S-REIT Index, made up of 37 REITs listed on the SGX, was down 3% from a year ago, or 9% from its peak in Jul 2021.
The performance has not been bad if we compare it to the US or China equities. The key reason that is causing REIT prices to fall is the anticipation of the rise in interest rates.
REITs take loans in order to acquire capital intensive properties, just like individuals do. Higher interes...