Summary 11/25 – 11/29 – Action Forex
Monday, Nov 25, 2024 Tuesday, Nov 26, 2024 Wednesday, Nov 27 2024 Thursday, Nov 28, 2024 Friday, Nov 29, 2024
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US GDP unexpectedly contracted. Oil prices fell by 18% over the month.
At the end of Wednesday, the Dow Jones Index (US30) rose by 0.35%. The S&P 500 Index (US500) was up 0.15%. The Nasdaq Technology Index (US100) added 0.13%. Investors brushed off recession fears despite data showing the economy contracted for the first quarterly contraction in three years. The US economy shrank by 0.3% in the…
