Among the biggest risers on the S&P 500 on Friday November 30 was Caterpillar Inc. ($CAT), popping some 4.18% to a price of $135.67 a share with some 8.34 million shares trading hands.

The Nigerian equities market closed lower yesterday with a decline of 1.33 per cent to extends losing streak to five consecutive trading days.

Among the S&P 500’s biggest fallers on Thursday November 29 was AutoNation Inc. (AN). The stock experienced a 2.98% decline to $37.15 with 604,306 shares changing hands.

There is a narrative that credit is leading the way. It often sounds smart to talk about credit or corporate bonds as leading equities, but it just isn’t the case right now. Equities have done a good job dragging themselves down, and if anything, pressure on stocks translated into weakness for corporate debt – rather than the other way around.

ChongKunDang Pharmaceutical will post record earnings in the fourth quarter and join the1 trillion won (US$891.19 million) league,” said Cape Investment and Securities on Nov. 30 maintaining a “buy” recommendation. The securities firm, however, lowered the target price to 150,000 won from 180,000 won reflecting discount on top pharmaceutical companies’ profit targets.

GC’s blood products and vaccines will propel its fourth-quarter earnings, said Cape Investment and Securities on Nov. 29 maintaining a “buy” recommendation.

SK Gas will return to normal as propane gas price stabilizes, said Cape Investment and Securities on Nov. 29 suggesting a “buy” recommendation and 100,000 won (US$89.10) target price.

Asian equities are largely on the bullish side after the US Federal Reserve’s chairman, Jerome Powell, reversed the US central bank’s previously-hawkish policy, suggesting that current rates are much closer to normal than his previous showings, wordlessly suggesting to broader markets that the Fed may ease off their current path of rate hikes much sooner than previously expected.

Investors should expect to see a slow grind higher in the precious metals market next year as value in the sector continues to grow, according to one research firm.

Among the S&P 500’s biggest fallers on Tuesday November 27 was Alliance Data Systems Corporation (ADS). The stock experienced a 3.55% decline to $193.81 with 738,075 shares changing hands.