European stocks expected to open cautiously, Asian markets lower, concerns about Trump policies

From Nasdaq: 2024-12-31 00:34:11

European stocks are expected to open cautiously on the last trading day of 2024. Asian markets traded lower amid concerns about U.S. President-elect Trump’s policies. China’s factory activity slowed in December, adding to worries about the economy. The U.S. Treasury Department was hacked by a Chinese actor. The dollar remained strong, while gold was steady. Oil prices rose slightly in thin trading. U.S. stocks closed lower for the third consecutive day. European markets closed lower on Monday due to higher-than-expected Spanish inflation and ECB rate cut delay talks.



Read more at Nasdaq: European Shares Set To Drift Lower In Thin Holiday Trade