| Tickers in this article: SPY, DIA, QQQ, IWM The U.S. markets moved higher over the past week, as of Thursday's close, after the Federal Reserve's minutes showed confidence in a December rate hike. While equities tend to react negatively to higher interest rates, the central bank's confidence in the economy could be seen as a bullish sign. The uncertainty surrounding the rate hike over the past couple of months has weighed on the markets, particularly given the high level of global economic uncertainty. International markets followed the U.S. market lower over the past week, as of Thursday's close. Japan's Nikkei 225 rose 2.35%; Germany's DAX 30 rose 3.52%; and, Britain's FTSE 100 rose 3.62%. In Europe, the European Central Bank's minutes showed officials debating ramping up monetary stimulus as early as October, sending equities higher. In Asia, China's trust companies showed their first quarterly decline in assets under management in early five years, which could negatively impact credit availability in the country.
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