Shares in major markets gained on Friday and the euro weakened against the dollar as investors anticipated actions by U.S. and European central banks next month.
The benchmark U.S. S&P 500 posted its best week in almost a year, while Europe's main stock index tallied its strongest week in a month. U.S. Treasuries prices fell, with rising U.S. stock prices reducing the appeal of lower-yielding government debt.
The head of the European Central Bank, Mario Draghi, offered the strongest hint yet that the ECB will unveil fresh stimulus measures at its Dec. 3 meeting.
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The benchmark U.S. S&P 500 posted its best week in almost a year, while Europe's main stock index tallied its strongest week in a month. U.S. Treasuries prices fell, with rising U.S. stock prices reducing the appeal of lower-yielding government debt.
The head of the European Central Bank, Mario Draghi, offered the strongest hint yet that the ECB will unveil fresh stimulus measures at its Dec. 3 meeting.
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