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Global Market Weekly Recap: November 25 – 29, 2024

The final week of November delivered a mix of significant market developments, despite the shortened U.S. trading week due to a major U.S. holiday.

From Scott Bessent’s surprise nomination as Treasury Secretary to shifting sentiment in the Middle East, markets navigated through a complex web of political, economic, and geopolitical factors that tested trader conviction across asset classes, resulting in the only gains being found in the equity markets by the Friday close. 

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