Stocks set for strong weekly gain, US yields slip as markets eye Trump policies

Quick Summary:

NEW YORK :Global stocks were set for a strong weekly gain on Friday while U.S.yields slipped as markets eyed the future policies of President-elect Donald Trump and its impact on the U.S.economy, even as bitcoin traded near the $100,000 threshold.

The market is now pricing in a 53 per cent probability the Fed will cut rates by 25 basis points in December.

MSCI's gauge of stocks across the globe rose 0.16 per cent to 852.80.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeUkraine

Topics: Markets Trump Rose Prices Market Been Week Weekly Stocks Cent Gain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 01:07:31 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 682 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23768106

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 48 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions