Wall Street surged Thursday as investors embraced the Fed’s first rate cut in four years, with major indexes rising and tech stocks leading the charge.

Rapaport and DMCC will host Dubai’s largest polished diamond auction with over 3,200 lots and more than 50,000 carats on offer for international buyers.

The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market.

MENA Newswire News Desk: European and Asian stock markets slid on Friday as investors awaited the release of…