London, Nov 8, 2024 (AFP) - Stock markets waver after US election rally, rate cut

NAMPA / AFP
2024-11-08
Wall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed the impact of Donald Trump's presidential election win and efforts to prop up China's economy. The Dow and S&P 500 were up in morning deals but the tech-heavy Nasdaq was flat following fresh records the previous days after the Fed trimmed US borrowing costs by 25 basis points. The dollar gained against other major currencies. Bu......
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