Commodities

Global markets rise on US Fed's signal on rate cuts

Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars.

Business Highlights

___ Stocks end rocky month lower as Trump widens trade war NEW YORK (AP) — Stocks closed out a turbulent month on Wall Street with another round of sharp losses Friday after President Trump announced plans to expand a trade war to Mexico.