Tech giants lead surge in global mega-caps as inflation eases

Tech giants lead surge in global mega-caps as inflation eases

FILE PHOTO: Apple logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Market capitalisations of global mega-cap companies, led by prominent technology firms, surged in November, buoyed by a decline in U.S. yields and growing anticipation of potential rate cuts by global central banks amid diminishing worries about inflation.

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