What matters in US and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Hopes for a U.S.-Europe trade deal and signs of rebounding world business confidence are driving world stocks to new highs this morning, with Tesla one of the few losers after another earnings day flub. Early in the day, all eyes will be on the European Central Bank as it announces its latest policy decision. Reports of a Brussels-Washington trade deal that will halve threatened U.S. tariffs to 15% is likely to embolden the ECB to stand pat on rates even as the euro strengthens back toward $1.18 for the first time in three weeks.Read More
