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Initial Jobless Claims
US Stocks Drop Amidst Rally Halt, Alphabet Gains, and Currency Shifts Reflect Global Economic Trends | Daily Market Analysis
Key events: USA - GDP (QoQ) (Q3) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Dec) On Wednesday, US stocks experienced a decline as an abrupt mid-afternoon downturn put an end to Wall Street's impressive rally. This rally had been fueled by decreasing interest rates and a more dovish stance from the Federal Reserve. All three major US stock indices ultimately closed 1.3% to 1.5% lower than the previous day's closing.
Global Stock Markets React to Apple's Plunge, US Economic Indicators, and Currency Trends | Daily Market Analysis
Key events: Japan - GDP (QoQ) (Q2) Canada - Employment Change (Aug) Canada - Unemployment Rate (Aug) On Thursday, global stock indices predominantly experienced declines, notably the S&P 500 and Nasdaq, which registered drops attributed to Apple's (NASDAQ: AAPL) performance. Concurrently, the US dollar gained ground following the release of US jobless claims data that fell short of expectations.
Global Markets React to Economic Concerns and Fed's Rate Hike Speculations as Gold Prices Decline | Daily Market Analysi
Key events:
Following Powell's Speech: What You Should Know Today | Daily Market Analysis
Key events: UK – Manufacturing PMI (Nov) USA – Core PCE Price Index (MoM) (Oct) USA – Initial Jobless Claims USA – ISM Manufacturing PMI (Nov) The U.S. dollar is declining against major currencies in trading Thursday morning after a speech the day before by U.S. Federal Reserve (Fed) Chairman Jerome Powell.
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