Global benchmarks are mostly higher after U.S. stocks rallied to records following indications from the Federal Reserve that it expects to deliver interest rate cuts later this year. In Asia, Japan’s benchmark Nikkei 225 jumped 2.0% to finish at a record high after the government reported exports grew nearly 8% in February from a year earlier. The Chinese government announced fresh measures to support the economy. On Wednesday, the S&P 500 jumped 0.9% to 5,224.62, an all-time high for a second straight day. The Dow industrials surged 1% and the Nasdaq composite roared 1.3% higher.
