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May 5, 2025

Global Markets Awakening as Asia and Europe Shift, Gold Rises, and Oil Dips on OPEC Output Boost

On Friday, May 2nd, U.S. markets ended on a high note. Strong U.S. jobs data combined with positive signals from U.S.-China tariff discussions heightened risk appetite among investors. The S&P 500 achieved its longest winning streak in over two decades. In Asia and Europe, market activity showed mixed trends. Gold gained traction as investors sought safe-haven options, while oil prices slid due to OPEC+’s decision to increase output. Economic data and geopolitical factors play significant roles in shaping these market movements. Investors should stay tuned for more updates as the situation develops.

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