Reuters: Top News: Stocks gain on Fed rate cut optimism; oil drops

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Reuters: Top News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world’s media, financial institutions, businesses and individuals.
Stocks gain on Fed rate cut optimism; oil drops http://feeds.reuters.com/~r/reuters/topNews/~3/vQAOOpFZjHk/stocks-gain-on-fed-rate-cut-optimism-oil-drops-idUSKCN1UD04P Jul 18th 2019, 20:37
A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments from a U.S. Federal Reserve policymaker heightened expectations for a rate cut, while oil prices dropped on forecasts of rising output.

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