GLOBAL MARKETS-Stocks Up, Dollar Soft in Holiday Thinned Month-End Trade

November 29, 2024, 11.54 PM

ILUSTRASI. A trader works at the New York Stock Exchange, at the end of the trading day, after Republican presidential nominee Donald Trump became U.S. president-elect, in New York City, U.S., November 6, 2024. REUTERS/Andrew Kelly

Source: Reuters | Editor: Wahyu T.Rahmawati

GLOBAL MARKET - NEW YORK. U.S. shares joined a global rally on Friday, looking set to crown November with Wall Street's biggest monthly gain in a year on post-election growth hopes, while the dollar tracked toward a weekly loss on prospects for firmer rates in Japan and easing in Europe.

U.S. trade was very thin the day after Thanksgiving. Many investors take the day off for a long weekend. Wall Street closes at 1:00 p.m. EST/1600 GMT and the Treasury markets close at 2:00 p.m. and most month end position adjustments were done before the holiday.

Thanks for reading Kontan English.

Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!