U.S. stock, foreign exchange, financial, and bond markets = S&P 500, Dow hit record highs, tech stocks are high.

November 30, 2024, 6:12 AM GMT+9

In the US stock market, the S&P 500 and Dow Jones Industrial Average closed at record highs. High-tech stocks like Nvidia rose, as well as sectors like finance.
Nvidia rose by 2%, while US electric vehicle (EV) giant Tesla surged by 3.7%.

In the final stages of the New York foreign exchange market, the yen surged to its highest level in six weeks against the dollar. Speculation is growing that the Bank of Japan will raise interest rates in December as November's Tokyo metropolitan area consumer price index (CPI) exceeded expectations.

In the US financial and bond markets, yields decreased during shortened trading with light volume. Throughout the week, bond prices continued to rise against a backdrop of optimism surrounding the appointment of the Treasury Secretary under the upcoming Trump administration and easing inflation concerns.
David Page, Chief Economist at Axa Investment Managers, stated, "The end-of-month positions are likely having an impact, with the possibility of increased demand for government bonds, especially leading into the Thanksgiving weekend."