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Reuters

Reuters

Morning Bid: Europe eases with Swiss surprise as Nasdaq clocks 20k

Reuters
Summary
Nutrition label

79% Informative

The Nasdaq closed above 20,000 for the first time ever on Wednesday - almost four times the peaks of the dot.com bubble in 2000 and up almost 35% for 2024 to date .

Futures markets bake in another 25 basis point cut from the Federal Reserve next week despite sticky - if expected - consumer price inflation readings this week .

The European Central Bank is up next later on Thursday and is widely expected to lop a quarter point off its deposit rate to just 3% - with markets seeing just under a one -in-five chance it joins the Swiss and Canadians with a larger half point cut.

VR Score

90

Informative language

96

Neutral language

61

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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