Stocks get tech sparkle; dollar steadies as investors assess rate outlook
Thu, Feb 15, 2024 8:24 PM

Stocks get tech sparkle; dollar steadies as investors assess rate outlook

A Flip by Avya Verma
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Global stocks rose on Thursday, driven by a surge in technology shares. The dollar remained strong as investors assessed the likelihood of U.S. interest rates being cut. Despite higher inflation readings, other economic indicators suggest steady growth and low risk of recession. Wall Street saw gains and Taiwan hit a record high. Japan's Nikkei closed at its highest level since 1989.

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