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The $Dow Jones Industrial Average (.DJI.US)$ closed at a new record high of 40,211.72, gaining 0.5%. The $S&P 500 Index (.SPX.US)$ rose 0.3%, and the $Nasdaq Composite Index (.IXIC.US)$ increased by 0.4%. This rally was driven by investor optimism about potential rate cuts and positive earnings reports from major banks.
Key Drivers
1. Federal Reserve’s Stance on Inflation:
• Event: Fed Chairman Jerome Powell...

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Current Market Trends
Bursa Malaysia closed higher, lifted by selected financial stocks, particularly Public Bank Bhd. The $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ increased by 3.40 points to close at 1,614.42. Despite this gain, the broader market saw more decliners (666) than gainers (529), indicating mixed sentiments.
Key Sector Performances
• Financial Services: The sector saw significant gains, with the...

Good morning mooers! Here are things you need to know about today's market:
●U.S. stocks rebound ahead of Fed's decision
●PNB, EPF, KWAP sign RM2bil leaseback deal with ams Osram
●Bursa Malaysia's net foreign outflow continues to tune of RM396.8mil
●Stocks to watch: MyEG, BAT Malaysia
-moomoo News MY
Wall Street Summary
U.S. stocks saw sharp gains Monday, with indexes bouncing after the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ fell into...