Updated: 3 Dec| Published: 1 Dec
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.
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JeromePowell

Federal Reserve Chairman Jerome Powell compared economic uncertainty to "driving a car in the fog" as the US economy faces mixed signals following a historic government shutdown and a shift toward AI-fueled growth....

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DonaldTrump

Donald Trump has effectively narrowed down his search for the next Federal Reserve Chairman to Kevin Hassett, whose appointment is favored by markets and has raised concerns among bond investors and bank executives....

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DonaldTrump

Global financial markets entered December with mixed yet cautiously optimistic performances, led by gains in Chinese equities and US stock rallies amid anticipation for key Federal Reserve policy decisions. Intel surged...

1 Dec/3 Dec
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