Global Markets Rise Following U.S. Record Highs and Tech Gains

1 min read
Source: Bloomberg.com
Global Markets Rise Following U.S. Record Highs and Tech Gains
Photo: Bloomberg.com
TL;DR Summary

Global stocks reached record highs driven by strong US economic data, while commodities like gold, platinum, and silver also hit new records. The US dollar weakened, and currency markets showed signs of intervention and strength in Asian currencies. Market sentiment remains optimistic with expectations of a year-end rally, despite some concerns over valuations and inflation. Traders are also anticipating a potential shift in Federal Reserve policy with a dovish bias in the near future.

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