The U.S. equity markets closed mixed last week, as the Nasdaq and the Russell 2000 finished in negative territory. The U.S. Federal Reserve Board raised interest rates to 4.25% last Tuesday, the highest level in four and one half years. November’s retail sales saw a gain of 0.3%, coming close to market expectations. A significant portion of this rise has been attributed to auto sales and falling gasoline prices. The U.S. trade gap hit a record high in October.
THIS WEEK'S U.S. ECONOMIC RELEASES
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