US Stock Futures Gain as Rate-Cut View Mounts: Markets Wrap.

INCOME; FUTURES; U.S. dollar; INVESTORS; BOARD of Governors of the Federal Reserve System (U.S.); FUTURES sales & prices; WALL Street (New York, N.Y.); DOW Jones averages; NASDAQ 100 index; DOW Jones industrial average; BOND funds

Wall Street is expected to have a stronger opening after two days of uncertainty, as there is growing confidence that the Federal Reserve and other central banks will cut interest rates in the coming months. The Nasdaq 100 Index and the S&P 500 are both projected to rise. European stocks have also rallied to a record high, as euro-area inflation has eased, strengthening the case for the European Central Bank to cut rates in September. Global stocks are on track for a fourth month of gains, with most data suggesting that the Fed has successfully controlled inflation without causing a recession. [Extracted from the article]

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