November Market Rollercoaster: 9-11% Swings in the US Markets - Analysis & Trends

Strong rise in Dow, reached 52 week high with a jump of 520 points... Nasdaq closed 32 points down after recovery of 100 points... US markets rose by 9-11% in November... US Fed Chairman today Jerome Powell's address... 9% rise in Salesforce, results were better than expected... US 10 year bond yield 4.34%... Tremendous recovery in Dollar Index, crosses 103, 1 week high. .. Break on the two-day rise of Crude Oil, Crude oil closed with a slip of 3% in the last session, Brent near $80... Crude oil softened due to OPEC+'s production cut announcement less than expected... Gold increased by 2.2% more in November. Silver strengthened by about 11%... all base metals except copper fell.

Updated on: December 01, 2023, 02.18 PM IST
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