Global stocks rose for a second day Tuesday as investors raised bets on Federal Reserve rate cuts following soft U.S. jobs data, according to Reuters. U.S. shares rallied Monday on strong tech earnings and a 94% probability of a September cut, up from 63% in late July, according to CME FedWatch. The dollar steadied after a two-day decline, while oil prices dipped on OPEC+ output and concerns over economic fragility. Brent crude fell 1% to $68.05 per barrel, and gold hovered near a one-week high. Trump’s firing of the labor stats chief and threats of new tariffs on India added to market volatility.
