scorecardresearchGlobal Markets Wrap: Stocks, US Equity Futures Climb as Dollar Dips

Global Markets Wrap: Stocks, US Equity Futures Climb as Dollar Dips

Updated: 18 Jul 2022, 08:13 AM IST
TL;DR.
Stocks and US equity futures rose Monday amid scaled back expectations of aggressive Federal Reserve interest-rate hikes and as investors assessed Chinese pledges to shore up economic growth.
Traders work on the floor during the opening bell of the New York Stock Exchange in New York City on May 16, 2022. - US stocks were off to a downbeat start Monday following the rally in the prior session, as concerns about growth in the domestic and global economies continue. (Photo by TIMOTHY A. CLARY / AFP)

Traders work on the floor during the opening bell of the New York Stock Exchange in New York City on May 16, 2022. - US stocks were off to a downbeat start Monday following the rally in the prior session, as concerns about growth in the domestic and global economies continue. (Photo by TIMOTHY A. CLARY / AFP)