Stocks are headed for the best week of 2024, with the S&P 500 on track for a 4% gain, while the Nasdaq 100 is up more than 5%.

European markets opened higher on Friday while Asian shares ended mixed after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy. Britain’s FTSE 100 also fell 0.1%, to 8,

Trading on Wall Street was somewhat subdued early Friday as markets coasted toward another week of big gains. Futures for the S&P 500 were essentially unchanged, while futures for the Dow Jones Industrial Average ticked up less than 0.