يحاول ذهب - حر

Markets surge on US rate cut optimism

October 03, 2025

|

The Star

EQUITIES jumped yesterday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country’s government.

Markets surge on US rate cut optimism

TRADERS work on the floor of the New York Stock Exchange (NYSE), in New York City.

(AFP)

Tech firms led the way higher as a deal between South Korea’ biggest chip firms and OpenAI added fuel to the Al-led rally that has helped push markets to record highs.

While debate rages over the impact of the closure of some US departments owing to a standoff between lawmakers in Washington, investors continue to focus on the outlook for more Federal Reserve rate cuts.

And hopes were given a boost Wednesday by figures from payrolls firm ADP showing companies shed 32 000 posts last month, confounding forecasts for a gain of more than 50 000.

The data was the latest in a string of below-par reports indicating the labour market in the world’s top economy continues to slow and will give more impetus for the Fed to cut rates twice more before the end of the year.

المزيد من القصص من The Star

The Star

The Star

Lions target season double over Sharks in clash at Ellis Park

A \"Test-match level\" of intensity is what the Lions are preparing for and expecting from a revenge-seeking Sharks side tomorrow in their reverse United Rugby Championship (URC) local derby at Ellis Park.

time to read

2 mins

February 20, 2026

The Star

The Star

Colombia's election faces danger

A PRESIDENTIAL candidate has been assassinated, rebels have pipe-bombed a major city and a third of the country is considered unsafe for candidates - all making Colombia's 2026 election campaign one of the most violent in decades.

time to read

3 mins

February 20, 2026

The Star

Four South Africans 'lured' to fight for Russia have returned home

FOUR South African men who were recruited into Russian-linked security operations amid the war in Ukraine returned to the country on Wednesday, the Department of International Relations and Cooperation (Dirco) confirmed.

time to read

2 mins

February 20, 2026

The Star

QUICK READ

CLOSE CALL

time to read

1 min

February 20, 2026

The Star

Joburg informal traders protest against permit delays

‘UNFAIR TREATMENT’

time to read

2 mins

February 20, 2026

The Star

Eight skiers found dead after avalanche

EIGHT of the nine skiers missing in California after an avalanche have been found dead and one remains missing in horrific blizzard conditions, police said yesterday.

time to read

1 mins

February 20, 2026

The Star

Ouaddou backs Pirates to achieve legendary status

ORLANDO Pirates' coach Abdeslam Ouaddou has backed his troops to succeed in Operation Vat Alles (Operation Take Everything) this season, and earn legendary status at the club at the end of their respective stints.

time to read

2 mins

February 20, 2026

The Star

The untold story of Zbyszek Miszczak: from Poland to SA

ONE of the most revealing things about Anchors Down in Africa is that its author never planned to write it.

time to read

2 mins

February 20, 2026

The Star

Breaking down the tighthead anchors for Human’s scrum

THE Springboks’ scrum ploughed its way through allcomers in 2025, leaving a path of destruction and scrum penalties in its wake.

time to read

2 mins

February 20, 2026

The Star

The Star

Amla has been key to my development, says Mulder

WIAAN Mulder identifies working with Lions batting coach Hashim Amla as the main reason for his development as an all-rounder, as he led the Lions' fight back on Day Two of the ongoing Cricket SA Four-Day Series final clash against the Warriors at the Bullring.

time to read

2 mins

February 20, 2026

Listen

Translate

Share

-
+

Change font size