Wall Street gains as weak services data raises rate-cut expectations
October 3, 2019New tariffs on EU food will boost prices, cost U.S. jobs: industry
October 3, 2019Global stocks crawl up slightly as weak U.S. data spurs hopes of Fed rate cut
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The latest weaker-than-expected U.S. economic data on Thursday fed hopes that the Federal Reserve would cut U.S. interest rates this month, which helped lift global equities slightly after two days of declines, but investors also parked some funds in U.S. Treasuries and other safe-haven assets.
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