💨 Abstract

Global shares edged higher on Monday, as markets scaled back expectations of future interest-rate cuts by the Federal Reserve. The U.S. dollar remained near one-year highs. The focus is on potential political appointments for the new Trump administration, which is expected to focus on lowering taxes and raising tariffs. The S&P 500 and Nasdaq Composite were trading higher, while the Dow was dragged down by materials stocks.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖