Stocks are rising before Fed meets as rate cuts are front and center; Hong Kong shelves its extradition bill, helping sentiment
Monday, 17 June 2019 **
· *Stocks rose on Monday after Hong Kong's chief executive suspended a controversial extradition bill over the weekend.*
· *Investors also bet the Federal Reserve would signal its intention to cut interest rates in the coming months when it meets later this week.*
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Tens of thousands of people took to the streets in Hong Kong on Sunday dressed in black to demand the city's embattled leader steps down, a day after she suspended an extradition bill in a dramatic retreat following the most violent protests in decades. Francesca Lynagh reports.