A significant drop in Wall Street indices, triggered by statements from Federal Reserve chairman Jerome Powell, who suggested only two interest rate cuts next year, instead of the four previously planned. This news caused a wave of selling on the US and European markets.
Among the biggest gainers of the week were Teva Pharmaceuticals, up 33.88%, and Darden Restaurants, up 12.54%. On the other hand, Vertex Pharmaceuticals and Amentum Holdings suffered significant falls. In the commodities market, oil and base metal prices fell due to the appreciation of the dollar. In the cryptocurrency sector, Bitcoin reached a new record high, but then fell sharply.
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