Global Markets React to Dovish Fed Signals, J&J Hits $500B Valuation

Key TakeawaysGold surged to $4,165 an ounce, driven by strong market expectations of a December US interest-rate cut, supported by dovish Federal Reserve signals and the emergence of Kevin Hassett as a top contender for Fed Chair.Johnson & Johnson (JNJ) reached a monumental $500 billion market value, extending an unprecedented 13-day winning streak fueled by investor confidence in its new drug pipeline and recent acquisitions.New Zealand's business confidence saw a significant jump in November, with the ANZ ...