Global Markets See Records Amid Policy Shifts and Economic Concerns
Key TakeawaysU.S. stock markets, including the Dow, S&P 500, and Nasdaq, closed at fresh record highs on Friday, September 19, following the Federal Reserve's first interest rate cut of 2025, with futures remaining largely unchanged on Sunday.The UK is significantly altering its foreign aid strategy, reducing its aid budget to 0.3% of gross national income (GNI) by 2027 to prioritize defense spending and shifting towards an "advice instead of aid" model.South Korean President Lee Jae Myung has emphasized th ...