Asian markets struggle to maintain momentum after Fed cut
- Posted on November 9, 2024
- By Business News Today
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Asian markets struggle to maintain momentum after Fed cut
Asia's markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record following the Federal Reserve's interest rate cut, while they were also weighing the outlook with another Trump administration. On Wall Street, the S&P 500 and Nasdaq rallied again to hit fresh records, helped by strong performances by tech titans Apple, Google parent Alphabet and Facebook's Meta.