Banque Suisse,
Focus Méditerranéen

Stocks joined bonds higher as falling oil prices lent support to optimism that inflation can be kept under control a day after the Federal Reserve raised interest rates for the first time since 2023. Equities notched their biggest gain in six weeks, with the S&P 500 up 1.1%. The tech-heavy Nasdaq 100 added 1.7%. A key gauge of chipmakers climbed 3.1%. Treasury 10-year yields dropped from the highest level since 2007, snapping an eight-day rising streak. The dollar was little changed. Gold climbed. Brent crude settled under $105. Wall Street’s stock rally carried into Asia as a further decline in oil prices bolstered optimism that inflation will be contained. The yen weakened after the Bank of Japan raised interest rates in a split vote.