Fed Sends Stocks Soaring

Credit: Wochit
Published on June 5, 2019 - Duration: 00:42s

Fed Sends Stocks Soaring

Tokyo (Reuters) - Asian shares tracked Wall Street’s rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower.

FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan, January 7, 2019.

REUTERS/Kim Kyung-Hoon The rebound in stock prices also prompted U.S.

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