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Global Markets React to Debt Surge, Tech Innovation, and Policy Shifts
Stock Market Newsยท 2025-12-02 01:08
Key TakeawaysAmericans' household debt has climbed to a new record high, encompassing mortgages, car loans, credit cards, and student loans, according to the Federal Reserve Bank of New York.Samsung (SSNLF) unveiled its inaugural Galaxy Z Trifold phone, with plans for a US market launch in 2026.Australian shares saw gains, buoyed by firm metal prices, even as the nation reported a 6.4% month-over-month decline in October building approvals and a Q3 current account deficit widening to AUD 16.6 billion.HSBC p ...