Wall Street stocks advance, dollar dips amid Fed outlook

By X-blogger - on December 5, 2024

NASDAQ Composite Daily Chart

Global shares were mixed and the euro was steady as markets digested political turmoil in South Korea, where martial law was imposed then lifted hours later, and in France, where a no-confidence vote toppled the government.

U.S. stocks were solidly higher in afternoon trading as technology shares rose after upbeat results from Salesforce, while indexes added to gains following comments by Federal Reserve Chair Jerome Powell.

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