Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
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Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
In the US, Wall St kicked off November with a mixed session overnight. The Dow Jones closed down 0.48%, the S&P advanced a little over 0.1%, while the tech heavy Nasdaq added 0.46%, spurred on by gains in the AI sector. The biggest news was the announcement of a major $38 billion deal between OpenAI and Amazon, which lead to Amazon shares jumping a further 4%. Europe too saw a mixed session – the Stoxx600 closed nearly flat as declines of 0.16% in the UK’s FTSE and 0.14% in the Fren...
Between the Bells
Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
