US stocks declined for the week on concerns about the direction of US/China trade talks. The S&P 500 declined 0.3% and Dow fell 0.4% for the week. Internationally, the FTSE All-World Ex-US eased 0.4% for the week. The 10-year Treasury yield eased over the week to finish at 1.77%.
In minutes from the Fed’s October meeting, they offered few clues about their next move focusing more on a wait and see approach as they evaluated global growth and trade and their impact on the US.
Business activity in the US posted a reading at a four-month high in November, while Europe showed declining growth.
US consumer sentiment rose surprisingly in November.