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Global Markets Hit Records Amid Geopolitical Tensions and Major Corporate Shifts
Stock Market News· 2025-09-11 09:08
Key TakeawaysGlobal equities surged, with the S&P 500 closing at a record level and the Nikkei Share Average climbing to an all-time peak, driven by anticipation of the upcoming US inflation report and strong tech performance.Novo Nordisk (NVO) announced a significant workforce reduction of 9,000 jobs globally, approximately 11.5% of its staff, in response to intense competition from Eli Lilly (LLY) in the weight-loss drug market.Geopolitical tensions escalated following an Israeli airstrike in Qatar target ...