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The Overnight Report: Risk On Into Thanksgiving
This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin US markets rose for the fourth consecutive day ahead of Thursday's Thanksgiving holiday with Nasdaq leading the gains. After a third positive day on the ASX200 yesterday, futures are pointing to a modestly positive start, with the last day of trade for November tomorrow. World Overnight SPI…
US stock markets continued their upward trend. The Dow Jones Industrial Average closed Wednesday at 47,427 points, up 0.7 percent from the previous day. The Nasdaq-100 also rose at a similar pace, gaining 0.9 percent to 25,237 points, and the broader S&P 500 ended the day at 6,813 points, also a 0.7 percent increase. Market commentators attributed the gains to continued hopes for further interest rate cuts. After its fourth consecutive day of g…
Wall Street closed upwards on Wednesday, with a renewed boost of technological actions that was again imposed in a market dominated by the growing conviction that the Federal Reserve will cut rates in December.See more: Private markets gain ground and Franklin Templeton foresees greater adoption in Latin AmericaThe S&P 500 advanced 0.69% and chained a four positive session streak, while the Nasdaq rose to 0.82% supported in the recovery of Nvidi…
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