Reuters: Business News
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Stocks gain on Fed rate cut optimism; oil drops http://feeds.reuters.com/~r/reuters/businessNews/~3/Hamt3q1D_2M/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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