Global stocks mostly fall, bitcoin soars to new peak
This illustration photograph taken on November 22, 2024 in Istanbul shows physical banknotes and coin imitations of the Bitcoin crypto currency. (Photo by Ozan KOSE / AFP)
New York, United States — Global shares mostly retreated Monday as markets awaited a Federal Reserve interest rate decision while concerns over political battles in Europe and China’s struggling economy pressured equities.
The Nasdaq was the day’s outperformer, surging more than one percent to a fresh all-time high behind big gains for Broadcom, Google-parent Alphabet and other tech names.
Article continues after this advertisement
But the Dow fell, along with bourses in Europe and Asia as traders fretted over political instability…