Stock market today: With US markets closed, Asian shares slip and European shares gain

BANGKOK — Asian shares were mostly lower on Friday after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday.

“The upcoming June jobs report will play a crucial role in shaping expectations for near-term Federal Reserve rate cuts. Markets currently anticipate a reasonable chance of two rate cuts this year, contrasting with the Fed’s median forecast of just one reduction in 2024,” Anderson Alves of Activ Trades said in a commentary.

With U.S. markets closed on Thursday, attention was focused on Britain, where the future for the FTSE 100 was up 0.2% early Friday as an exit poll and partial returns indicated Britain’s Labour Party was headed for a landslide victory in a Former President Barack Obama has reportedly told allies that Joe Biden’s disastrous debate performance has made his bid to win back the White House even tougher than it had been previously.The Washington Post reports that Obama gave a harsher private assessment of Biden’s chances of re-election following the debate despite publicly trying to ease concerns by tweeting that “bad debates happen.

9 out of 10 voters say there are important differences between Biden and Trump. Here’s what they see as the biggest ones

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