Financial Market Preview - Wednesday 4-Dec
Update: 2024-12-04
Description
S&P futures are indicating a higher open, up +0.22% this morning. Asian equities ended mixed on Wednesday while European markets opened mostly higher. In Asia, Political uncertainty in South Korea takes center stage as opposition parties submitted a motion to impeach President Yoon following his attempt to impose martial law, which lawmakers blocked late Tuesday. The Bank of Korea and Finance Ministry pledged emergency measures to stabilize the markets, including increasing short-term liquidity. Meanwhile, French lawmakers are set to vote on a no-confidence motion that could topple Prime Minister Barnier’s coalition government.
Companies Mentioned: Microchip Technology, KKR, GXO Logistics
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