- Asia's stocks fell Friday after the MSCI All Country World Index concluded November with its third-largest monthly rise in a decade, while the dollar fell.
- China’s CSI 300 Index fell 0.6% as investors remain concerned about the economic recovery despite Beijing’s efforts to shore up growth. Equities in Australia and South Korea also declined, weighing on a gauge of Asian shares.
- European market futures increased, catching up to gains seen late in the previous American day, while US futures were slightly lower after the S&P 500 jumped 0.4% Thursday, climbing over 9% for the month to record one of its best Novembers on record, while the all-country index scored its best month since 2020.
- The US dollar fell against all of its major peers as a measure of inflation fell, fueling bets on the end of the Federal Reserve's tightening cycle, extending the narrative that helped US and global stocks surge last month; attention now shifts to Chair Jerome Powell's comments later Friday for more clues.
