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While optimism is creeping back into the stock market, I figure we have two months of anxiety-creating economic data to watch before I can confidently tell you that stocks will surge in 2024.
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The S&P 500 climbed 0.6% on Friday, Dec. 1, 2023, as Fed Chair Jerome Powell indicated that policymakers' efforts to reduce inflation are working.
Jim Chalmers says the states are demanding a new GST deal despite their share of federal funding increasing; the handover of more hostages by Hamas is under way in Gaza. Follow updates here.
Shares are set to open higher; court rules in favour of SkyCity over car park dispute with Macquarie; gold nears record high; oil climbs ahead of OPEC+ meeting. Follow updates here.