Hang Seng Index and ASX 200: Fed Bets, Trade Truce Fuel Weekly Gains - Weekly Recap

Wall Street roared back in the week ending May 16, buoyed by a surprise de-escalation in the US-China trade war and renewed hopes for a 2025 Fed rate cut. The Nasdaq Composite Index surged 7.15%, while the Dow and the S&P 500 gained 3.41% a https://www.fxempire.com/forecasts/article/hang-seng-index-and-asx-200-fed-bets-trade-truce-fuel-weekly-gains-weekly-recap-1519729