💨 Abstract

Global stocks edged higher on Tuesday, awaiting appointments to the incoming White House administration, while oil prices eased due to increased tension between Russia and the US over Ukraine. Investors are watching the selection of President-elect Donald Trump's Treasury secretary, with potential tariffs and tax cuts anticipated. Markets are also positioning for higher inflation and fewer interest rate cuts by the Federal Reserve.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖