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Thu, November 28, 2024
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Stocks, Dollar, Bond Yields Fall; Economic Data, Trump Tariffs in Focus


Published on 2024-11-27 20:40:57 - Thomas Matters, WOPRAI
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  • On Wall Street, the Dow Jones Industrial Average fell 138.25 points, or 0.31%, to 44,722.06, the S&P 500 fell 22.89 points, or 0.38%, to 5,998.74 and the Nasdaq Composite fell 115.10 points, or 0.60%, to 19,060.48.

The article from U.S. News & Money discusses the current state of Asian stock markets, which are experiencing weakness due to concerns over potential new tariffs from former President Donald Trump, who has hinted at imposing tariffs on Chinese goods if he wins the upcoming election. Investors are particularly worried about the impact on global trade and economic growth. Meanwhile, the Japanese yen has shown firmness against other major currencies, possibly due to expectations of policy changes by the Bank of Japan or reactions to the broader economic uncertainty. The article also touches on the broader market sentiment, with investors adopting a cautious approach amid these uncertainties, and highlights specific declines in major indices like the Nikkei 225 and the Hang Seng Index.

Read the Full U.S. News & World Report Article at [ https://money.usnews.com/investing/news/articles/2024-11-26/asian-stocks-weak-amid-trump-tariff-worries-yen-firm ]

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