Reported 3 days ago
Asian stocks and the dollar maintained their positions in cautious trading as 2024 comes to a close, with investors pulling back expectations for deep U.S. rate cuts next year. The MSCI index showed modest declines but reflects an overall gain for the year, while U.S. equities faced selling pressure amid concerns over inflation and the incoming Trump administration's economic policies. Despite some declines, markets in Asia, particularly Taiwan and Japan, demonstrated significant yearly growth.
Source: YAHOO