World shares rose as the S&P 500 reached a record high and the Bank of Japan raised its key lending rate to 0.5%, the highest since 2008. Oil prices fell following President Trump’s call for reductions in crude prices, while Asian markets showed mixed results, with Japan’s Nikkei slightly down due to a stronger yen impacting export manufacturers.
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World shares rose as the S&P 500 hit a record high and the Bank of Japan raised its key lending rate to 0.5%, the highest since 2008. Oil prices dipped following President Trump’s call for lower crude prices, while Asian markets showed mixed results amid a stronger yen impacting export manufacturers. The U.S. Treasury yields remained stable, with traders not expecting a rate cut from the Federal Reserve in the upcoming meeting.
about World Shares Rise as S&P 500 Hits Record and Japan Raises Rates