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Business Matters: Dow Jones has best month since 1987

Dow Jones has best month since 1987

01/12/2020 GMT

BBC World Service - Business Matters, Dow Jones has best month since 1987

The US stockmarket was up 11.8% in November, despite falls on the last day of the month

The Dow Jones ended November up 11.8%, its best monthly performance since January 1987. We talk to independent investment analyst Peter Jankovskis to hear what was behind the gain.

China is planning to raise the retirement age for its citizens after forty years of no change. It's a dilemma faced by many nations where populations are ageing and birth rates are falling, as we hear from Richard Jackson, president of the Global Ageing Institute in Virginia.

And we go to the US, where, in less than a month's time, around 10 million people will see their incomes cut as government financial aid - introduced to cope with the coronavirus pandemic - comes to an end. Concern is growing that millions will hit hard times unless politicians can agree to extend the scheme. 

Jamie Robertson is joined throughout the programme by political reporter Erin Delmore in New York and Yoko Ishikura, professor Emeritus at Hitotsubashi University in Tokyo, Japan.

(Picture: The New York Stock Exchange. Picture: Getty Images)

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