Asian shares held a mixed tone on Tuesday after rallying the previous session, as rising bets of an imminent European rate cut helped risk appetite ahead of some key inflation data. A slew of European Central Bank officials said overnight the ECB has room to cut interest rates as inflation slows, underscoring expectations for a rate cut on June 6. S&P 500 futures rose 0.1% and Nasdaq futures gained 0.2% before a line-up of Federal Reserve speakers later in the day for the latest guidance on rate outlook.
Boating safety teams in San Joaquin County patrolled the local waters and made several arrests on Memorial Day weekend.
The market rally had a mixed week as breadth narrowed. Microsoft and Merck led stocks near buy points. Here's what to do.