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News in English (USA) / 30.12.2024 / 15:00

Global Stock Markets Retreat as Year-End Approaches

As the final trading week of the year unfolds, stock futures are slipping across major global markets. Wall Street is showing signs of decline, particularly impacted by losses in technology stocks, which have driven the S&P 500 and Nasdaq futures lower. European shares are also trading in negative territory, with concerns over high bond yields and inflation influencing market sentiment. In Asia, most stocks are down following the trends set by US tech losses. Investors are trimming their risk exposure amid uncertainty as they brace for year-end trading. Overall, world shares are retreating as 2024 comes to a close, creating a cautious atmosphere across financial markets.
CNBC, Yahoo Finance, The Associated Press, Investing.com, Bloomberg, Seeking Alpha, Barchart, Nasdaq, TheStreet, Reuters.com