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November 26, 2024

Global Markets React to Mixed Signals Despite Optimism in US Trading

On November 24th, U.S. markets ended positively, driven by a sharp decline in bond yields. Scott Bessent’s nomination eased fears regarding trade tariffs and government borrowing. Small- and mid-cap stocks showed notable growth, buoyed by the Federal Reserve’s rate cuts. While Asia and European markets faced dips, commodities like crude oil and gold gained traction. Market participants should analyze this mixed landscape to adjust their outlook strategically.

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