S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe dollar index steadied around 99 on Friday but was still poised for a second straight weekly decline, weighed down by bets on Federal Reserve interest rate cuts. Markets are currently pricing in an 87% chance that the Fed will deliver a 25 bps rate cut next week, with 2–3 more reductions seen for next year. Prospects that economic adviser Kevin Hassett could replace Fed Chair Powell in May, a move that may signal a shift toward more aggressive policy easing, also pressured the currency. Data released Thursday showed initial jobless claims fell to a more than three-year low last week, though the figures were affected by the typically volatile Thanksgiving period. Meanwhile, the Challenger report indicated layoffs rose to 71,321 in November, the highest for that month since 2022. Looking ahead, investors await delayed September data on the personal consumption expenditures index, the Fed’s preferred inflation gauge, alongside figures on consumer spending and incomes.
