Global Market Weekly Recap: December 16 – 20, 2024

December 21, 2024 12:24 am

All eyes and ears were on the last FOMC statement for the year, although a few surprise catalysts still caused huge swings in overall sentiment. For instance, mostly downbeat data points from China weighed on risk appetite early on while the Dow chalked up its largest losing streak since 1978. Bitcoin, on the other hand, snagged fresh all-time highs yet again. Here’s what drove broad market price action in the past week.

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