Overview

• Nvidia's strong earnings report, driven by AI chip demand, helped lift the S&P 500 and Dow Jones, despite initial market volatility.
• Bitcoin surged past $99,000, nearing a historic milestone, as investor risk appetite increased following the U.S. election results.
• European markets saw gains, with tech stocks leading the way, while the British pound hit a six-month low after disappointing UK retail sales data.
• The German economy showed modest growth of 0.1% in Q3, while U.S. home sales posted their first annual increase since 2021, signaling improving economic conditions.
• Geopolitical tensions, including the Russia-Ukraine conflict and Middle East unrest, remain key risks for global markets despite the current rally.