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Japan’s GDP

S&P Hits Records, Bitcoin Swings, and FX Focuses on Fed and ECB Policy | Daily Market Analysis

Key events: Eurozone - Eurogroup Meetings Stocks gained momentum on Friday, buoyed by November’s employment report that met market expectations, reinforcing optimism about the economy’s resilience. The data bolstered speculation of an impending Federal Reserve rate cut, contributing to a mixed day across equity markets. The S&P 500 rose 0.3%, while the Nasdaq Composite gained 0.8%, both achieving record highs. In contrast, the Dow Jones Industrial Average closed 0.3% lower, relinquishing earlier gains due to key stock declines.

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