It appears that this is a comprehensive market update from Yahoo Finance, covering various global and US market news on December 31, 2024. Here are some key points highlighted in the article:
Global Markets
- Asian markets were mixed, with Japan’s Nikkei index down 1% and South Korea’s KOSPI index down 0.2%.
- Hong Kong’s Hang Seng index rose 0.3% following data from China showing its manufacturing sector had expanded for the third month on the trot in December.
US Markets
- US stocks were cautious in premarket trade, hovering around the flatline after a selloff on Monday.
- The Dow Jones Industrial Average (^DJI) fell about 0.8%, while the S&P 500 (^GSPC) slipped more than 1% and the Nasdaq Composite (^IXIC) fell roughly 1.2%.
- The 10-year Treasury yield (^TNX) retreated from a seven-month high to hover near 4.55%.
News
- The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider.
- A letter sent to Congress described it as a "major cybersecurity incident".
Currency Markets
- The pound (GBPUSD=X) is set to end the year as the top-performing major currency against the dollar.
- It traded flat against the euro (GBPEUR=X), at €1.2056.
Other News
- The London Stock Exchange closes at 12:30 pm in preparation for the new year.
Please note that this update is from December 31, 2024, and may not reflect current market conditions or news.
