NATO Summit, U.S. Economy, Rate Cut

This is a U.S. news story, published by Yahoo Finance, that relates primarily to MSCI news.

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Reuters

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World

Morning Bid: Fed rate bets surge as oil calms

Summary

Nutrition label

78% Informative

MSCI 's all-country index, up more than 7% for the year-to-date, surged to record highs early on Wednesday .

NATO leaders were set to sign up on Wednesday to a big increase in defence spending at a short summit tailor-made for U.S. President Donald Trump .

Ceasefire between Iran and Israel appears to be holding into Wednesday , as debate swirls about how much damage was done to Tehran 's nuclear program.

European defence stocks that already up almost 50% this year added another 1% on Wednesday .

FedEx shares dropped nearly 6% in pre-market trading after the logistics giant sounded caution for the full year .

Tesla 's new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2% ..

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language