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 Dow Futures This Morning 2024-11-20 12:10

Dow Futures This Morning

    Dow Jones Industrial Average (DJIA) and S&P 500 index closed at new record highs on Monday as investors cheered the latest US economic data. The Dow added 100 points to close at 28,807, while the S&P gained 14 points to finish at 3,214.

  The gains come after several weeks of strong performance for stocks around the world, with many markets setting all-time records in recent months. While some analysts argue that such high levels of volatility may pose risks to global growth, others point out that the current bull market has been fueled by low interest rates and accommodative monetary policies.

  In other markets, the Japanese Nikkei 225 Index rose 1%, driven by positive sentiment towards the US-China trade talks. Meanwhile, the Chinese CSI 300 Index fell 1.5%, reflecting growing concerns over slowing economic growth in China.

  The US Federal Reserve is widely expected to raise interest rates next month, following its recent decision to lower its benchmark rate to near zero. However, some experts believe that the Fed's aggressive tightening cycle could lead to a recession, particularly if it raises interest rates too quickly or too far from equilibrium.

  On the currency front, the US dollar was stable against major currencies, including the euro, British pound, and Australian dollar. The greenback continued to attract inflows of foreign capital, despite reports of increased geopolitical tensions between the US and Iran.

  Overall, the global economy appears to be experiencing a period of strong growth, although some risks remain. Investors should closely monitor developments in the US and China's trade relations, as well as the effectiveness of central bank policy actions. As always, diversification and risk management remain key to protecting wealth during volatile periods.