Global financial markets entered December with mixed yet cautiously optimistic performances, led by gains in Chinese equities and U.S. stock rallies amid anticipation for key Federal Reserve policy decisions.Intel surged 8.7% on a $200 million Malaysia investment plan, Boeing jumped 10.2% while forecasting a return to profitability next year, and Microsoft initially fell on AI quota cuts reports before recovering after denial from the company.Political focus turned to the
Federal Reserve chair succession, as
Donald Trump announced plans to reveal his nominee early next year and abruptly canceled finalist interviews, raising expectations that
White House adviser
Kevin Hassett will succeed
Jerome Powell next May.