European markets were expected to be flat or lower on Tuesday ahead of the New Year holiday.
london FTSE 100 French stocks are expected to open 20 points lower at 8,100 points CAC 40 It is expected to open 5 points lower at 7,309 points. Both exchanges will be closed early today.
German and Italian markets were closed throughout the day. All European markets will be closed on New Year’s Day before reopening on January 2.
European markets ended lower on Monday after the last full trading day of the year, but regional stocks are set for modest gains this year. Year to date, the Stoxx 600 is up around 5.5%, although it lags well behind the U.S. S&P 500 Index The index is up about 25% in 2024.
Traders will once again focus on New York-listed stocks boeing company On Sunday, one of its planes was involved in a fatal crash in South Korea.
Boeing Stock Down about 2.2% on Monday. South Korean authorities prepare conduct investigation The accident killed 179 people and we are working to determine the exact cause of the accident.
The crashed aircraft was a Boeing 737-800one of the most commonly used aircraft in the world, with a good safety record.
US stock futures Prices are down slightly heading into the last trading day of 2024 after another booming year on Wall Street. Asia Pacific market It fell overnight as growth in China’s manufacturing sector fell short of expectations. Still, China’s benchmark CSI 300 index is on track to end the year higher, snapping three years of losses.
—CNBC’s Chloe Taylor contributed to this market report.
