It appears that you’ve shared a news update from Yahoo Finance, covering various market and economic updates from around the world. Here are some of the key points highlighted:
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US Stocks: The S&P 500 (^GSPC) rose about 0.5%, while the Dow Jones Industrial Average (^DJI) fell about 0.1%. The tech-heavy Nasdaq Composite (^IXIC) led the gains, adding about 1.2%.
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Chip Stocks Rally: Chip stocks like Nvidia (NVDA) and Micron Technology (MU) surged after Foxconn’s strong sales forecast.
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Construction PMIs: Construction activity in several regions is expected to be a focus area. The Euro area will release its construction PMI, while the UK will see S&P’s construction PMIs.
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Inflation Rate: The euro area flash inflation rate is scheduled for release at 10am, which could provide insights into the region’s economic health.
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Unemployment Rate: Various countries are set to release their unemployment rates, including the US and some European nations.
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Retail Sales: December retail sales data from several countries, including the UK, were already released by the British Retail Consortium (BRC), showing mixed results.
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Trump Could Ease Canada Tariffs: With Justin Trudeau stepping down as Canadian prime minister, there’s potential for a new government that could be more aligned with Donald Trump’s policies and potentially ease tariffs between the two nations.
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Food Sales Boost High Street Retail Growth: Despite overall retail sales growth being minimal during the Golden Quarter, food sales were a highlight, along with computing, mobile phones, and beauty products.
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House Prices in the UK: Data from Halifax showed house prices rising, but at a slower rate than expected.
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Canadian Dollar Potential: The Canadian dollar could see benefits if a new government takes over, potentially aligned with Trump’s policies and leading to stronger economic ties between Canada and the US.
These are some of the key points covered in this news update.
